£1,030,695
This estimated value is based upon the latest sale price for the house of £185,000 on 8 Mar 1996. 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 Rowans Way
More crime details
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
Price Paid | Date |
---|---|
£185,000 | 8 Mar 1996 |
Detached |
Freehold |
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 March 1996 the House Price Index for ESSEX was 26.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 457.133%.Applying this 457.133% change to the original purchase price of £185,000 results in an estimated price of approximately £1,030,695.
8 Mar 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.3 | 146.7 | 457.133 % | £185,000 | £845,695 | £1,030,695 |
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 | 260.469 % | £481,867 | £666,867 |
3 Month Average | 427.913 % | £791,639 | £976,639 |
6 Month Average | 538.413 % | £996,064 | £1,181,064 |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Rowans Way |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Rowans Way |
Feb 2024 | Drugs | Local resolution | On or near Meadow Court |
Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Meadow Court |
Dec 2023 | Violence and sexual offences | Further action is not in the public interest | On or near Meadow Court |