£307,376
This estimated value is based upon the latest sale price for the house of £179,950 on 24 Feb 2012. 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 |
|---|---|
| £179,950 | 24 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 516 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 February 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.812%.Applying this 70.812% change to the original purchase price of £179,950 results in an estimated price of approximately £307,376.
| 24 Feb 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.812 % | £179,950 | £127,426 | £307,376 |
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 | 101.353 % | £182,383 | £362,333 |
| 3 Month Average | 68.674 % | £123,579 | £303,529 |
| 6 Month Average | 84.391 % | £151,862 | £331,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £415,332 | £410,000 | 27 LONG MEADOW DRIVE |
| 1 Nov 2023 | £372,279 | £367,500 | 14 LONG MEADOW DRIVE |
| 29 Aug 2023 | £427,600 | £425,000 | 70 SOUTHEND ROAD |
| 8 Aug 2023 | £447,723 | £445,000 | 50 SOUTHEND ROAD |
| 25 Nov 2022 | £472,340 | £480,000 | 35 SOUTHEND ROAD |
This house has a floor area of 47 sq meters or 516 sq feet when measured on 3 Dec 2011. Using an estimated price of £307,376 means this house is valued at £6,405 per sq meter (£595 per sq foot).
The average size of a house on LONG MEADOW DRIVE is 81 sq meters (880 sq feet).
This house is the smallest in the street with a floor area of 47 sq meters (516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Feb 2024 | Drugs | Local resolution | On or near Meadow Court |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Camomile Drive |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crouch Drive |
| Jan 2024 | Anti-social behaviour | On or near Ivygate Close |