£308,034
This estimated value is based upon the latest sale price for the house of £120,000 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £120,000 | 15 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2002 the House Price Index for ESSEX was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £120,000 results in an estimated price of approximately £308,034.
| 15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £120,000 | £188,034 | £308,034 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 115.134 % | £138,160 | £258,160 |
| 3 Month Average | 148.479 % | £178,174 | £298,174 |
| 6 Month Average | 161.936 % | £194,323 | £314,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £330,788 | £325,000 | 24 CHILTERN APPROACH |
| 20 Nov 2023 | £248,682 | £245,000 | 3 AVONDALE WALK |
| 27 Sep 2023 | £146,878 | £145,000 | 217 LINK ROAD |
| 13 Apr 2023 | £277,993 | £275,000 | 58 CENTRAL AVENUE |
| 6 Apr 2023 | £267,884 | £265,000 | 47 BENDERLOCH |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 29 Sep 2017. Using an estimated price of £308,034 means this house is valued at £4,219 per sq meter (£392 per sq foot).
The average size of a house on LINK ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Suffolk Way | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Suffolk Way |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Way |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Way |