£311,986
This estimated value is based upon the latest sale price for the house of £297,500 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Somerset Gardens
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £297,500 | 4 Feb 2022 |
| Terraced |
| 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 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £297,500 results in an estimated price of approximately £311,986.
| 4 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £297,500 | £14,486 | £311,986 |
The Postcode Pricing Model uses changes in average sales price within the SS13 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 | 79.762 % | £237,291 | £534,791 |
| 3 Month Average | -1.734 % | £-5,157 | £292,342 |
| 6 Month Average | 4.807 % | £14,300 | £311,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £303,678 | £300,000 | 160 EASTBROOKS |
| 6 Jun 2023 | £344,169 | £340,000 | 19 WINIFRED ROAD |
| 1 Mar 2023 | £328,091 | £325,000 | 12A WINIFRED ROAD |
| 17 Feb 2023 | £329,778 | £330,000 | 10 WINIFRED ROAD |
| 9 Feb 2023 | £434,707 | £435,000 | 17 TANSWELL AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerset Gardens |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Tanswell Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tanswell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Winifred Road |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Winifred Road |