£293,703
This estimated value is based upon the latest sale price for the house of £237,000 on 12 Jul 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 |
|---|---|
| £237,000 | 12 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 657 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 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £237,000 results in an estimated price of approximately £293,703.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £237,000 | £56,703 | £293,703 |
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 | -26.683 % | £-63,238 | £173,761 |
| 3 Month Average | -2.585 % | £-6,126 | £230,873 |
| 6 Month Average | 18.123 % | £42,951 | £279,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £233,456 | £230,000 | 29 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 18 Aug 2023 | £246,153 | £244,000 | 30 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 31 Jul 2023 | £217,933 | £215,000 | 19 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 13 Jul 2023 | £260,506 | £257,000 | 66 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
| 21 Jun 2023 | £253,065 | £250,000 | 16 RIVERSIDE PLACE LOWER SOUTHEND ROAD |
This house has a floor area of 61 sq meters or 657 sq feet when measured on 30 Nov 2009. Using an estimated price of £293,704 means this house is valued at £4,810 per sq meter (£446 per sq foot).
The average size of a house on LOWER SOUTHEND ROAD is 64 sq meters (692 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Golden Jubilee Way |
| Dec 2023 | Other theft | Under investigation | On or near Golden Jubilee Way |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Crouch Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crouch Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southend Road |