£413,333
This estimated value is based upon the latest sale price for the house of £248,000 on 24 May 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
Price Paid | Date |
---|---|
£248,000 | 24 May 2013 |
£82,000 | 6 Dec 1999 |
Semi-Detached |
Freehold |
Floor Area: 111 sq meters or 1,194 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in May 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 66.667%.Applying this 66.667% change to the original purchase price of £248,000 results in an estimated price of approximately £413,333.
24 May 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.0 | 66.667 % | £248,000 | £165,333 | £413,333 |
The Postcode Pricing Model uses changes in average sales price within the SS11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 89.794 % | £222,689 | £470,689 |
3 Month Average | 56.222 % | £139,429 | £387,429 |
6 Month Average | 78.453 % | £194,562 | £442,562 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £331,119 | £330,000 | 4 LONGFIELD CLOSE |
24 Nov 2023 | £384,942 | £380,000 | 12 LONGFIELD CLOSE |
10 Nov 2023 | £390,007 | £385,000 | 54 LUCERNE WALK |
10 Aug 2023 | £553,365 | £550,000 | 209 - 217 SOUTHEND ROAD |
2 Mar 2023 | £527,853 | £525,000 | 236 SOUTHEND ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 31 Jan 2013. Using an estimated price of £413,333 means this house is valued at £3,723 per sq meter (£345 per sq foot).
The average size of a house on LUCERNE WALK is 77 sq meters (838 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lucerne Walk |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
Mar 2024 | Public order | Unable to prosecute suspect | On or near First Avenue |
Jan 2024 | Public order | Unable to prosecute suspect | On or near First Avenue |