£916,462
This estimated value is based upon the latest sale price for the house of £499,995 on 12 Mar 2009. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Franklins Way
More crime details
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £499,995 | 12 Mar 2009 |
| Detached |
| Freehold |
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 March 2009 the House Price Index for ESSEX was 80.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.294%.Applying this 83.294% change to the original purchase price of £499,995 results in an estimated price of approximately £916,462.
| 12 Mar 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 146.7 | 83.294 % | £499,995 | £416,467 | £916,462 |
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 | -16.162 % | £-80,811 | £419,183 |
| 3 Month Average | 54.910 % | £274,547 | £774,542 |
| 6 Month Average | 87.113 % | £435,558 | £935,553 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Franklins Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklins Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Franklins Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Franklins Way |
| Jan 2024 | Anti-social behaviour | On or near Ivygate Close |