£534,321
This estimated value is based upon the latest sale price for the house of £450,000 on 9 Sep 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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60 High Street, Wickford, SS12 9AT
Phone: 01268661260
| Price Paid | Date |
|---|---|
| £450,000 | 9 Sep 2020 |
| £127,995 | 18 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £450,000 results in an estimated price of approximately £534,321.
| 9 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £450,000 | £84,321 | £534,321 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | -46.869 % | £-210,912 | £239,087 |
| 3 Month Average | 13.400 % | £60,301 | £510,301 |
| 6 Month Average | 8.394 % | £37,772 | £487,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2022 | £308,940 | £300,000 | 15 CROFT ROAD |
| 5 Apr 2022 | £695,114 | £675,000 | 579 HIGH ROAD |
| 21 Feb 2022 | £602,999 | £575,000 | 31 CROFT ROAD |
| 5 Jan 2022 | £599,873 | £570,000 | 16 THE SPINNAKERS |
| 10 Dec 2021 | £391,053 | £365,000 | 593 HIGH ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 23 Jan 2020. Using an estimated price of £534,322 means this house is valued at £3,871 per sq meter (£359 per sq foot).
The average size of a house on THE SPINNAKERS is 185 sq meters (1,991 sq feet).
This house is the smallest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Croft Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Willows |
| Mar 2024 | Public order | Under investigation | On or near Croft Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Croft Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Croft Road |