£311,506
This estimated value is based upon the latest sale price for the house of £200,000 on 15 May 2014. 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 |
|---|---|
| £200,000 | 15 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £200,000 results in an estimated price of approximately £311,506.
| 15 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £200,000 | £111,506 | £311,506 |
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 | 61.331 % | £122,662 | £322,662 |
| 3 Month Average | 66.623 % | £133,245 | £333,245 |
| 6 Month Average | 57.744 % | £115,488 | £315,488 |
| 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 |
| 1 Feb 2023 | £337,253 | £335,000 | 4 LONGFIELD ROAD |
| 18 Aug 2022 | £391,832 | £390,000 | 2 LUCERNE WALK |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Mar 2014. Using an estimated price of £311,507 means this house is valued at £4,387 per sq meter (£407 per sq foot).
The average size of a house on BRUCE GROVE is 111 sq meters (1,203 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 |
| Apr 2024 | Anti-social behaviour | On or near Beedell Avenue |