£321,189
This estimated value is based upon the latest sale price for the house of £57,000 on 30 Jun 1995. 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 |
|---|---|
| £57,000 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 June 1995 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £57,000 results in an estimated price of approximately £321,189.
| 30 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.491 % | £57,000 | £264,189 | £321,189 |
The Postcode Pricing Model uses changes in average sales price within the SS12 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 | 504.708 % | £287,683 | £344,683 |
| 3 Month Average | 491.872 % | £280,367 | £337,367 |
| 6 Month Average | 422.771 % | £240,979 | £297,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £466,913 | £460,000 | 7 CARLYLE GARDENS |
| 10 Feb 2023 | £412,223 | £412,500 | 9 CHEYNE COURT |
| 18 Jul 2022 | £353,451 | £352,500 | 2 CHEYNE COURT |
| 14 Apr 2022 | £308,940 | £300,000 | 7 DRUMMOND PLACE |
| 26 Jan 2022 | £399,915 | £380,000 | 1 CARLYLE GARDENS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Oct 2018. Using an estimated price of £321,190 means this house is valued at £5,537 per sq meter (£514 per sq foot).
The average size of a house on DRUMMOND PLACE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caladonia Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caladonia Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cheyne Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheyne Court |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cheyne Court |