£311,214
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Jul 2006. 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 Spinney Close
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £180,000 | 17 Jul 2006 |
| £84,000 | 16 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2006 the House Price Index for ESSEX was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £180,000 results in an estimated price of approximately £311,214.
| 17 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £180,000 | £131,214 | £311,214 |
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 | 28.438 % | £51,187 | £231,187 |
| 3 Month Average | 85.061 % | £153,110 | £333,110 |
| 6 Month Average | 109.735 % | £197,522 | £377,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £428,746 | £424,995 | 30 MONARCH CLOSE |
| 29 Jun 2023 | £313,801 | £310,000 | 10 SPINNEY CLOSE |
| 28 Apr 2023 | £358,864 | £355,000 | 36 ST CLERES CRESCENT |
| 21 Apr 2023 | £313,374 | £310,000 | 5 SPINNEY CLOSE |
| 11 Apr 2023 | £399,299 | £395,000 | 14 MONARCH CLOSE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 9 Jun 2016. Using an estimated price of £311,215 means this house is valued at £2,992 per sq meter (£278 per sq foot).
The average size of a house on SPINNEY CLOSE is 132 sq meters (1,426 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Spinney Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Charters Court |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Charters Court |