£450,966
This estimated value is based upon the latest sale price for the house of £365,000 on 15 Nov 2019. 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 |
---|---|
£365,000 | 15 Nov 2019 |
£150,000 | 15 Nov 2005 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £365,000 results in an estimated price of approximately £450,966.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £365,000 | £85,966 | £450,966 |
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 | -10.119 % | £-36,935 | £328,064 |
3 Month Average | 0.610 % | £2,224 | £367,224 |
6 Month Average | -3.377 % | £-12,327 | £352,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £335,149 | £330,000 | 4 LONGFIELD CLOSE |
24 Nov 2023 | £389,897 | £380,000 | 12 LONGFIELD CLOSE |
10 Nov 2023 | £395,027 | £385,000 | 54 LUCERNE WALK |
18 Aug 2022 | £391,832 | £390,000 | 2 LUCERNE WALK |
22 Jul 2022 | £206,065 | £204,000 | 54 BRUCE GROVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 4 Jul 2019. Using an estimated price of £450,966 means this house is valued at £7,775 per sq meter (£722 per sq foot).
The average size of a house on LUCERNE WALK is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Lucerne Walk |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Longfield Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Longfield Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherry Lane |