£394,180
This estimated value is based upon the latest sale price for the house of £340,000 on 5 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Broadway House, 1-7 The Broadway, Wickford, SS11 7AD
Phone: 01268661651
| Price Paid | Date |
|---|---|
| £340,000 | 5 Nov 2020 |
| £218,750 | 12 Aug 2011 |
| £78,000 | 4 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 939 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 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £340,000 results in an estimated price of approximately £394,180.
| 5 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £340,000 | £54,180 | £394,180 |
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 | -34.850 % | £-118,489 | £221,510 |
| 3 Month Average | -4.898 % | £-16,654 | £323,345 |
| 6 Month Average | 18.384 % | £62,505 | £402,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £368,221 | £365,000 | 12 THIRD AVENUE |
| 21 Oct 2022 | £405,633 | £410,000 | 59 BRUCE GROVE |
| 22 Jul 2022 | £204,551 | £204,000 | 54 BRUCE GROVE |
| 15 Jul 2022 | £401,080 | £400,000 | 21 FOURTH AVENUE |
| 17 Jun 2022 | £390,519 | £385,000 | 20 THIRD AVENUE |
This house has a floor area of 87 sq meters or 939 sq feet when measured on 9 May 2011. Using an estimated price of £394,180 means this house is valued at £4,518 per sq meter (£419 per sq foot).
The average size of a house on FOURTH AVENUE is 95 sq meters (1,024 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fifth Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodberry Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Lucerne Walk |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lucerne Walk |