£417,099
This estimated value is based upon the latest sale price for the house of £340,000 on 11 Dec 2019. 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 |
|---|---|
| £340,000 | 11 Dec 2019 |
| £85,000 | 18 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £340,000 results in an estimated price of approximately £417,099.
| 11 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £340,000 | £77,099 | £417,099 |
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 | -39.366 % | £-133,845 | £206,154 |
| 3 Month Average | 7.536 % | £25,623 | £365,623 |
| 6 Month Average | 3.763 % | £12,794 | £352,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £330,222 | £326,000 | 109 ESSEX WAY |
| 27 May 2022 | £458,642 | £450,000 | 48 ST MARYS DRIVE |
| 10 May 2022 | £326,145 | £320,000 | 90 ESSEX WAY |
| 9 Nov 2021 | £324,887 | £300,400 | 87 ESSEX WAY |
| 10 Sep 2021 | £380,385 | £352,995 | 138 ESSEX WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Aug 2019. Using an estimated price of £417,100 means this house is valued at £5,561 per sq meter (£516 per sq foot).
The average size of a house on ESSEX WAY is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Highcliff Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Sidwell Avenue |
| Feb 2024 | Burglary | Under investigation | On or near St Mary'S Road |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Karen Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Karen Close |