£490,578
This estimated value is based upon the latest sale price for the house of £400,000 on 22 Nov 2019. 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 |
|---|---|
| £400,000 | 22 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2019 the House Price Index for ESSEX was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £400,000 results in an estimated price of approximately £490,578.
| 22 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £400,000 | £90,578 | £490,578 |
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 | -27.374 % | £-109,497 | £290,502 |
| 3 Month Average | -4.638 % | £-18,553 | £381,446 |
| 6 Month Average | 11.036 % | £44,143 | £444,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £471,344 | £465,000 | 1 UXBRIDGE CLOSE |
| 10 Feb 2023 | £209,859 | £210,000 | FLAT 12 BAKERS COURT HODGSON WAY |
| 16 Nov 2022 | £494,016 | £500,000 | 77 FOURTH AVENUE |
| 30 May 2022 | £524,890 | £515,000 | 6 ROCHFORD CLOSE |
| 6 Jan 2022 | £231,530 | £220,000 | FLAT 4 BAKERS COURT HODGSON WAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 24 Jul 2019. Using an estimated price of £490,578 means this house is valued at £4,229 per sq meter (£392 per sq foot).
The average size of a house on FOURTH AVENUE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Uxbridge Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Rochford Close |
| Mar 2024 | Other theft | Under investigation | On or near Heron Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heron Avenue |