£342,002
This estimated value is based upon the latest sale price for the house of £194,950 on 23 Feb 2006. 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
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £194,950 | 23 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 February 2006 the House Price Index for ESSEX was 83.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 75.431%.Applying this 75.431% change to the original purchase price of £194,950 results in an estimated price of approximately £342,002.
| 23 Feb 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 146.7 | 75.431 % | £194,950 | £147,052 | £342,002 |
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 | 16.839 % | £32,827 | £227,777 |
| 3 Month Average | 59.568 % | £116,127 | £311,077 |
| 6 Month Average | 100.804 % | £196,517 | £391,467 |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 20 Jun 2012.
The average size of a house on FRANKLINS WAY is 63 sq meters (686 sq feet).
| 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 | 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 |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crouch Drive |