£460,692
This estimated value is based upon the latest sale price for the house of £430,000 on 7 Dec 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
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19 Willowdale Centre, High Street, Wickford, SS12 0RA
Phone: 01268987829
| Price Paid | Date |
|---|---|
| £430,000 | 7 Dec 2021 |
| £260,000 | 6 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2021 the House Price Index for ESSEX was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £430,000 results in an estimated price of approximately £460,692.
| 7 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £430,000 | £30,692 | £460,692 |
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 | -37.771 % | £-162,415 | £267,584 |
| 3 Month Average | -8.620 % | £-37,066 | £392,933 |
| 6 Month Average | 11.349 % | £48,802 | £478,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £396,807 | £392,000 | 12 FARNHAM AVENUE |
| 20 Apr 2023 | £449,844 | £445,000 | 2 FARNHAM AVENUE |
| 3 Feb 2023 | £417,219 | £417,500 | 15 TAMWORTH DRIVE |
| 31 Jan 2023 | £368,265 | £370,000 | 9 SILVER WAY |
| 28 Oct 2022 | £442,238 | £447,000 | 14 PENRITH CRESCENT |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Sep 2021. Using an estimated price of £460,692 means this house is valued at £5,235 per sq meter (£486 per sq foot).
The average size of a house on FARNHAM AVENUE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Local resolution | On or near Penrith Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aydon Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aydon Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Aydon Close |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Aydon Close |