£437,469
This estimated value is based upon the latest sale price for the house of £355,000 on 17 Oct 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 |
|---|---|
| £355,000 | 17 Oct 2018 |
| £212,000 | 6 Jul 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £355,000 results in an estimated price of approximately £437,469.
| 17 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £355,000 | £82,469 | £437,469 |
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 | -34.919 % | £-123,964 | £231,035 |
| 3 Month Average | 6.688 % | £23,740 | £378,740 |
| 6 Month Average | 26.832 % | £95,252 | £450,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £466,276 | £460,000 | 5 ST DAVIDS WAY |
| 24 Apr 2023 | £426,593 | £422,000 | 116 SOUTHEND ROAD |
| 6 Apr 2023 | £331,065 | £327,500 | 38 WICK LANE |
| 13 Feb 2023 | £331,277 | £331,500 | 61 WICK LANE |
| 28 Jul 2022 | £335,904 | £335,000 | 50 WICK LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Jul 2016. Using an estimated price of £437,470 means this house is valued at £5,400 per sq meter (£501 per sq foot).
The average size of a house on WICK LANE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Southwick Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Charles Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Charles Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Charles Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St Charles Drive |