£389,059
This estimated value is based upon the latest sale price for the house of £333,000 on 15 Oct 2020. 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 |
|---|---|
| £333,000 | 15 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £333,000 results in an estimated price of approximately £389,059.
| 15 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £333,000 | £56,059 | £389,059 |
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 | 31.179 % | £103,825 | £436,825 |
| 3 Month Average | 4.728 % | £15,744 | £348,744 |
| 6 Month Average | 11.607 % | £38,649 | £371,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £326,988 | £325,000 | 21 BEAUCHAMPS DRIVE |
| 21 Jul 2023 | £391,201 | £387,500 | 104 ALICIA AVENUE |
| 16 Jun 2023 | £428,474 | £425,000 | 44 BEAUCHAMPS DRIVE |
| 17 Jan 2023 | £366,778 | £370,000 | 78 ALICIA AVENUE |
| 12 Jul 2022 | £359,514 | £360,000 | 16 INWORTH WALK |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 9 Jul 2020. Using an estimated price of £389,059 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on BEAUCHAMPS DRIVE is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Alicia Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beauchamps Drive |
| 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 |