£500,244
This estimated value is based upon the latest sale price for the house of £325,000 on 16 Jul 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 |
|---|---|
| £325,000 | 16 Jul 2014 |
| £239,995 | 9 Dec 2004 |
| £205,000 | 21 Mar 2003 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £325,000 results in an estimated price of approximately £500,244.
| 16 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £325,000 | £175,244 | £500,244 |
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 | 73.153 % | £237,746 | £562,746 |
| 3 Month Average | 82.544 % | £268,267 | £593,267 |
| 6 Month Average | 60.021 % | £195,067 | £520,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £284,470 | £282,000 | 28 BELCHAMPS ROAD |
| 30 Nov 2023 | £430,939 | £420,000 | 56 HIGHCLIFFE CLOSE |
| 10 Nov 2023 | £769,534 | £750,000 | 112 HIGHCLIFFE ROAD |
| 11 Sep 2023 | £460,143 | £450,000 | 21 BELCHAMPS ROAD |
| 25 Aug 2023 | £626,296 | £615,000 | 60 HIGHCLIFFE ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 14 Mar 2014. Using an estimated price of £500,245 means this house is valued at £5,885 per sq meter (£546 per sq foot).
The average size of a house on HIGHCLIFFE ROAD is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rubicon Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rubicon Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rubicon Avenue |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Westfield Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Close |