£307,641
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Aug 2019. 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 |
|---|---|
| £250,000 | 16 Aug 2019 |
| £67,000 | 5 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 47 sq meters or 505 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £250,000 results in an estimated price of approximately £307,641.
| 16 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £250,000 | £57,641 | £307,641 |
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 | -33.519 % | £-83,796 | £166,203 |
| 3 Month Average | 10.613 % | £26,531 | £276,531 |
| 6 Month Average | 7.827 % | £19,567 | £269,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £319,734 | £315,000 | 40 LOUISA AVENUE |
| 3 Jul 2023 | £156,101 | £154,000 | 50 LOUISA AVENUE |
| 28 Apr 2023 | £288,102 | £285,000 | 55 LOUISA AVENUE |
| 17 Mar 2023 | £388,662 | £385,000 | 3 LOWER CHURCH ROAD |
| 3 Mar 2023 | £429,042 | £425,000 | 48 RUSHBOTTOM LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 24 Apr 2019. Using an estimated price of £307,641 means this house is valued at £6,545 per sq meter (£608 per sq foot).
The average size of a house on LOUISA AVENUE is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leaside |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Louisa Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Lyndene |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Elgar Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Lower Church Road |