£308,961
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Dec 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 |
|---|---|
| £250,000 | 5 Dec 2019 |
| £185,000 | 13 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 December 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £250,000 results in an estimated price of approximately £308,961.
| 5 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £250,000 | £58,961 | £308,961 |
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 | 22.102 % | £55,256 | £305,256 |
| 3 Month Average | 19.279 % | £48,196 | £298,196 |
| 6 Month Average | 0.403 % | £1,008 | £251,008 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £271,902 | £265,000 | FLAT 32 SYCAMORE COURT STILEMANS |
| 3 Nov 2023 | £235,990 | £230,000 | FLAT 7 RIVERSIDE COURT LOWER SOUTHEND ROAD |
| 18 Aug 2023 | £285,143 | £280,000 | FLAT 33 SYCAMORE COURT STILEMANS |
| 24 Mar 2023 | £165,768 | £163,000 | FLAT 2 SYCAMORE COURT STILEMANS |
| 23 Feb 2023 | £231,547 | £230,000 | FLAT 53 SYCAMORE COURT STILEMANS |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 10 Oct 2019. Using an estimated price of £308,961 means this house is valued at £5,617 per sq meter (£521 per sq foot).
The average size of a house on STILEMANS is 49 sq meters (535 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Local resolution | On or near Stilemans |
| Oct 2024 | Public order | Local resolution | On or near Stilemans |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stilemans |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stilemans |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southend Road |