£394,075
This estimated value is based upon the latest sale price for the house of £270,000 on 15 May 2015. 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 Highcliffe Way
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £270,000 | 15 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £270,000 results in an estimated price of approximately £394,075.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £270,000 | £124,075 | £394,075 |
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 | -12.088 % | £-32,638 | £237,361 |
| 3 Month Average | 24.358 % | £65,765 | £335,765 |
| 6 Month Average | 52.733 % | £142,378 | £412,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £426,312 | £420,000 | 56 HIGHCLIFFE CLOSE |
| 29 Sep 2023 | £382,389 | £377,500 | 74 HIGHCLIFFE CLOSE |
| 11 Sep 2023 | £493,814 | £487,500 | 27 HILL AVENUE |
| 9 Jun 2023 | £308,740 | £305,000 | 1 HIGHCLIFFE WAY |
| 13 Apr 2023 | £576,204 | £570,000 | 75 HILL AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 13 Nov 2014. Using an estimated price of £394,076 means this house is valued at £3,825 per sq meter (£355 per sq foot).
The average size of a house on HIGHCLIFFE CLOSE is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Highcliffe Way |
| Feb 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Charters Court |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Charters Court |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Westfield Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Westfield Close |