£527,887
This estimated value is based upon the latest sale price for the house of £450,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Swan Lane
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £450,000 | 19 Oct 2020 |
| £290,000 | 11 Nov 2007 |
| £133,000 | 11 Nov 1999 |
| £100,000 | 11 Feb 1997 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £450,000 results in an estimated price of approximately £527,887.
| 19 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £450,000 | £77,887 | £527,887 |
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 | -19.933 % | £-89,700 | £360,299 |
| 3 Month Average | 5.358 % | £24,111 | £474,111 |
| 6 Month Average | 19.382 % | £87,221 | £537,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £415,636 | £412,000 | 1 ETHELRED GARDENS |
| 4 Aug 2023 | £443,883 | £440,000 | 18 EGBERT GARDENS |
| 17 Nov 2022 | £439,674 | £445,000 | 22 EGBERT GARDENS |
| 11 Nov 2022 | £427,818 | £433,000 | 38 ETHELRED GARDENS |
| 6 May 2022 | £433,162 | £425,000 | 24 KEITH AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 11 Jun 2012. Using an estimated price of £527,887 means this house is valued at £4,755 per sq meter (£441 per sq foot).
The average size of a house on ETHELRED GARDENS is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Swan Lane |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Swan Lane |
| Jan 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Swan Lane |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Egbert Gardens |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Egbert Gardens |