£773,610
This estimated value is based upon the latest sale price for the house of £695,000 on 4 Mar 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Lapwing Road
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £695,000 | 4 Mar 2021 |
| 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 March 2021 the House Price Index for ESSEX was 133.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.311%.Applying this 11.311% change to the original purchase price of £695,000 results in an estimated price of approximately £773,610.
| 4 Mar 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 148.6 | 11.311 % | £695,000 | £78,610 | £773,610 |
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 | -36.490 % | £-253,603 | £441,396 |
| 3 Month Average | -21.769 % | £-151,297 | £543,702 |
| 6 Month Average | 7.829 % | £54,412 | £749,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £147,179 | £145,000 | FLAT 14 HOMEHOLLY HOUSE CHURCH END LANE |
| 13 Feb 2023 | £349,765 | £350,000 | 177 SWAN LANE |
| 3 Feb 2023 | £114,923 | £115,000 | FLAT 9 HOMEHOLLY HOUSE CHURCH END LANE |
| 27 Sep 2022 | £357,116 | £360,000 | 43 ARUNDEL ROAD |
| 23 Sep 2022 | £451,355 | £455,000 | 195A SWAN LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 18 Jan 2019. Using an estimated price of £773,611 means this house is valued at £10,314 per sq meter (£958 per sq foot).
The average size of a house on SWAN LANE is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapwing Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lapwing Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lapwing Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Arundel Road |
| Mar 2024 | Public order | Under investigation | On or near Arundel Road |