£435,001
This estimated value is based upon the latest sale price for the house of £285,000 on 28 May 2014. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £285,000 | 28 May 2014 |
| £75,000 | 29 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2014 the House Price Index for ESSEX was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £285,000 results in an estimated price of approximately £435,001.
| 28 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 146.7 | 52.632 % | £285,000 | £150,001 | £435,001 |
The Postcode Pricing Model uses changes in average sales price within the CM0 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 | 78.598 % | £224,004 | £509,004 |
| 3 Month Average | 48.162 % | £137,260 | £422,260 |
| 6 Month Average | 68.860 % | £196,250 | £481,250 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 8 Apr 2014.
The average size of a house on WICK ROAD is 152 sq meters (1,636 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ramblers Way |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ramblers Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Dunkirk Road |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Dunkirk Road |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Orchard Road |