£297,837
This estimated value is based upon the latest sale price for the house of £176,000 on 26 Nov 2012. 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 |
|---|---|
| £176,000 | 26 Nov 2012 |
| £165,000 | 24 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 713 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 November 2012 the House Price Index for ESSEX was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £176,000 results in an estimated price of approximately £297,837.
| 26 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £176,000 | £121,837 | £297,837 |
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 | 0.994 % | £1,749 | £177,749 |
| 3 Month Average | 75.405 % | £132,712 | £308,712 |
| 6 Month Average | 65.256 % | £114,850 | £290,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £386,767 | £380,000 | 59 ESSEX WAY |
| 7 Sep 2023 | £678,678 | £670,000 | 38 ESSEX WAY |
| 28 Apr 2023 | £487,752 | £482,500 | 36 ESSEX WAY |
| 19 Aug 2022 | £295,871 | £296,667 | FLAT 5 TROY COURT, 30 - 32 ESSEX WAY |
| 5 Aug 2022 | £309,168 | £310,000 | FLAT 3 TROY COURT, 30 - 32 ESSEX WAY |
This house has a floor area of 66 sq meters or 713 sq feet when measured on 31 Mar 2009. Using an estimated price of £297,837 means this house is valued at £4,492 per sq meter (£417 per sq foot).
The average size of a house on KAREN CLOSE is 87 sq meters (938 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Karen Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Karen Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near School Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near School Lane |