£442,958
This estimated value is based upon the latest sale price for the house of £440,000 on 13 Feb 2023. 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 |
---|---|
£440,000 | 13 Feb 2023 |
Freehold |
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 February 2023 the House Price Index for ESSEX was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £440,000 results in an estimated price of approximately £442,958.
13 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 149.7 | 0.672 % | £440,000 | £2,958 | £442,958 |
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 | -5.382 % | £-23,682 | £416,317 |
3 Month Average | -1.915 % | £-8,428 | £431,571 |
6 Month Average | -5.251 % | £-23,104 | £416,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £615,344 | £610,000 | 5 RYERSON DRIVE |
27 Oct 2023 | £593,479 | £580,000 | 1 BOILER HOUSE ROAD |
28 Apr 2023 | £387,243 | £380,000 | 2 BRICK COTTAGE RUNWELL ROAD |
31 Mar 2023 | £366,114 | £360,000 | 66 ST LUKES WAY |
15 Feb 2023 | £1,057,061 | £1,050,000 | LYNFORD FARM RUNWELL ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Runwell Chase |