£274,373
This estimated value is based upon the latest sale price for the house of £119,250 on 22 Aug 2003. 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 |
|---|---|
| £119,250 | 22 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 August 2003 the House Price Index for ESSEX was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £119,250 results in an estimated price of approximately £274,373.
| 22 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £119,250 | £155,123 | £274,373 |
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 | 116.451 % | £138,867 | £258,117 |
| 3 Month Average | 121.845 % | £145,299 | £264,549 |
| 6 Month Average | 125.156 % | £149,248 | £268,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £248,342 | £245,000 | 51 THIRD AVENUE |
| 21 Jun 2023 | £209,538 | £207,000 | 10 SECOND AVENUE |
| 5 Apr 2023 | £318,429 | £315,000 | 140 FOURTH WALK |
| 23 Nov 2022 | £271,709 | £275,000 | 50 SECOND AVENUE |
| 1 Apr 2022 | £283,195 | £275,000 | 9 SEVENTH AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Oct 2013. Using an estimated price of £274,374 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on THIRD WALK is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Third Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Third Avenue | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Third Avenue |
| Mar 2024 | Anti-social behaviour | On or near Third Avenue | |
| Mar 2024 | Shoplifting | Under investigation | On or near Third Avenue |