£398,375
This estimated value is based upon the latest sale price for the house of £235,000 on 18 Jan 2013. 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 |
---|---|
£235,000 | 18 Jan 2013 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 January 2013 the House Price Index for ESSEX was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £235,000 results in an estimated price of approximately £398,375.
18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £235,000 | £163,375 | £398,375 |
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 | 0.006 % | £13 | £235,013 |
3 Month Average | 68.650 % | £161,328 | £396,328 |
6 Month Average | 63.612 % | £149,487 | £384,487 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £383,173 | £377,500 | 7 MALWOOD DRIVE |
24 Feb 2023 | £374,748 | £375,000 | 4 ROMSEY WAY |
23 Jan 2023 | £424,998 | £427,000 | 14 MALWOOD DRIVE |
2 Nov 2022 | £672,850 | £681,000 | 76A HOMEFIELDS AVENUE |
19 Aug 2022 | £364,020 | £365,000 | 33 MALWOOD ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 8 Aug 2012. Using an estimated price of £398,375 means this house is valued at £3,688 per sq meter (£342 per sq foot).
The average size of a house on ROMSEY WAY is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Homefields Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Homefields Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Malwood Road |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Romsey Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sapper Ellison Way |