£627,578
This estimated value is based upon the latest sale price for the house of £368,000 on 30 May 2012. 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 |
|---|---|
| £368,000 | 30 May 2012 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 986 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 May 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £368,000 results in an estimated price of approximately £627,578.
| 30 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £368,000 | £259,578 | £627,578 |
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 | 115.070 % | £423,457 | £791,457 |
| 3 Month Average | 100.358 % | £369,318 | £737,318 |
| 6 Month Average | 73.780 % | £271,510 | £639,510 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £526,735 | £520,000 | 7 CRANFIELD PARK ROAD |
| 24 Mar 2023 | £236,226 | £234,000 | 77 MELVILLE DRIVE |
| 7 Mar 2023 | £575,421 | £570,000 | TIBBS PORCH THE CHASE |
| 24 Feb 2023 | £419,718 | £420,000 | 53 MELVILLE DRIVE |
| 10 Feb 2023 | £412,223 | £412,500 | 9 CHEYNE COURT |
This house has a floor area of 91 sq meters or 986 sq feet when measured on 3 Dec 2009. Using an estimated price of £627,579 means this house is valued at £6,845 per sq meter (£635 per sq foot).
The average size of a house on MEADOW WAY is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fairway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hovefields Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hovefields Drive |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Hovefields Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Hovefields Drive |