£588,243
This estimated value is based upon the latest sale price for the house of £385,000 on 25 Jul 2014. 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 |
---|---|
£385,000 | 25 Jul 2014 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,689 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 July 2014 the House Price Index for ESSEX was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £385,000 results in an estimated price of approximately £588,243.
25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £385,000 | £203,243 | £588,243 |
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 | -5.657 % | £-21,781 | £363,218 |
3 Month Average | 56.732 % | £218,416 | £603,416 |
6 Month Average | 51.162 % | £196,975 | £581,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £602,706 | £595,000 | 58A NEW PARK ROAD |
16 Jun 2023 | £402,374 | £397,500 | 64 NEW PARK ROAD |
14 Apr 2023 | £328,537 | £325,000 | 5 SOUTHWOLD CRESCENT |
5 Aug 2022 | £339,087 | £340,000 | 46 SOUTHWOLD CRESCENT |
22 Jul 2022 | £551,485 | £550,000 | 67 NEW PARK ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 17 Jul 2014. Using an estimated price of £588,243 means this house is valued at £3,746 per sq meter (£348 per sq foot).
The average size of a house on NEW PARK ROAD is 121 sq meters (1,312 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near New Park Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near New Park Road |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellingbury |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Road |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Croft Road |