£226,684
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for ESSEX 1
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60 High Street, Wickford, SS12 9AT
Phone: 01268661260
| Price Paid | Date |
|---|---|
| £225,000 | 14 Apr 2023 |
| £109,000 | 17 Jan 2003 |
| £79,000 | 23 Nov 2001 |
| £45,995 | 31 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 April 2023 the House Price Index for ESSEX was 146.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.749%.Applying this 0.749% change to the original purchase price of £225,000 results in an estimated price of approximately £226,684.
| 14 Apr 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.0 | 0.749 % | £225,000 | £1,684 | £226,684 |
The Postcode Pricing Model uses changes in average sales price within the SS12 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 | -18.894 % | £-42,511 | £182,488 |
| 3 Month Average | 41.605 % | £93,610 | £318,610 |
| 6 Month Average | 3.287 % | £7,396 | £232,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £329,504 | £327,500 | 8 MELVILLE DRIVE |
| 21 Aug 2023 | £467,845 | £465,000 | 17 MELVILLE DRIVE |
| 14 Apr 2023 | £226,685 | £225,000 | 79 MELVILLE DRIVE |
| 24 Mar 2023 | £235,272 | £234,000 | 77 MELVILLE DRIVE |
| 24 Feb 2023 | £418,023 | £420,000 | 53 MELVILLE DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 19 Mar 2019. Using an estimated price of £226,685 means this house is valued at £5,397 per sq meter (£501 per sq foot).
The average size of a house on MELVILLE DRIVE is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Melville Drive |
| Mar 2024 | Other crime | Further investigation is not in the public interest | On or near Johnson Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Johnson Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Johnson Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheyne Court |