£393,741
This estimated value is based upon the latest sale price for the house of £315,000 on 12 Jan 2018. 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 |
|---|---|
| £315,000 | 12 Jan 2018 |
| £67,995 | 14 Jun 1996 |
| £61,000 | 18 Jul 1995 |
| Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 January 2018 the House Price Index for ESSEX was 118.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.997%.Applying this 24.997% change to the original purchase price of £315,000 results in an estimated price of approximately £393,741.
| 12 Jan 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.0 | 24.997 % | £315,000 | £78,741 | £393,741 |
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 | 25.209 % | £79,406 | £394,406 |
| 3 Month Average | 14.019 % | £44,160 | £359,160 |
| 6 Month Average | 15.987 % | £50,359 | £365,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £232,991 | £230,000 | FLAT 7 RIVERSIDE COURT LOWER SOUTHEND ROAD |
| 31 Jul 2023 | £217,053 | £215,000 | 19 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 13 Jul 2023 | £259,454 | £257,000 | 66 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 17 Feb 2023 | £318,494 | £320,000 | 32 WEST BEECH AVENUE |
| 25 Nov 2022 | £472,340 | £480,000 | 35 SOUTHEND ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 8 Sep 2017. Using an estimated price of £393,742 means this house is valued at £7,031 per sq meter (£653 per sq foot).
The average size of a house on SOUTH BEECH AVENUE is 126 sq meters (1,357 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near West Beech Avenue |
| Feb 2024 | Public order | Local resolution | On or near West Beech Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southend Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Southend Road |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crouch Drive |