£240,390
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Mar 2004. 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 Romsey Close
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60 High Street, Wickford, SS12 9AT
Phone: 01268661260
Price Paid | Date |
---|---|
£115,000 | 5 Mar 2004 |
£90,000 | 23 May 2003 |
£34,500 | 31 Oct 1995 |
Terraced |
Leasehold |
Floor Area: 62 sq meters or 667 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 March 2004 the House Price Index for ESSEX was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £115,000 results in an estimated price of approximately £240,390.
5 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 148.6 | 109.035 % | £115,000 | £125,390 | £240,390 |
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 | 31.653 % | £36,400 | £151,400 |
3 Month Average | 113.929 % | £131,017 | £246,017 |
6 Month Average | 99.000 % | £113,849 | £228,849 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £383,173 | £377,500 | 7 MALWOOD DRIVE |
24 Feb 2023 | £374,748 | £375,000 | 4 ROMSEY WAY |
27 Jan 2023 | £213,992 | £215,000 | 2 LONDON ROAD |
1 Aug 2022 | £408,899 | £410,000 | 41 ROMSEY DRIVE |
13 Jun 2022 | £448,843 | £442,500 | 35 LONDON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 10 Mar 2014. Using an estimated price of £240,390 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on LONDON ROAD is 70 sq meters (761 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Romsey Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sapper Ellison Way |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Clare Road |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sapper Ellison Way |
Dec 2023 | Drugs | Under investigation | On or near Sapper Ellison Way |