£107,283
This estimated value is based upon the latest sale price for the house of £63,250 on 14 May 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
| Price Paid | Date |
|---|---|
| £63,250 | 14 May 2010 |
| £60,000 | 31 Jan 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 2010 the House Price Index for ESSEX was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £63,250 results in an estimated price of approximately £107,283.
| 14 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.618 % | £63,250 | £44,033 | £107,283 |
The Postcode Pricing Model uses changes in average sales price within the SS14 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 | 97.733 % | £61,815 | £125,065 |
| 3 Month Average | 197.729 % | £125,063 | £188,313 |
| 6 Month Average | 142.570 % | £90,175 | £153,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £69,672 | £70,000 | 10 SOUTH WALK |
| 4 Oct 2022 | £128,615 | £130,000 | 2 CULVERDOWN |
| 16 May 2022 | £5,299,863 | £5,200,000 | 28 - 32 EAST WALK |
| 8 Apr 2022 | £77,235 | £75,000 | 5 BROOKE HOUSE TOWN SQUARE |
| 4 Apr 2022 | £1,132,779 | £1,100,000 | 8 - 20 EAST WALK |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 23 Jan 2020. Using an estimated price of £107,284 means this house is valued at £2,235 per sq meter (£207 per sq foot).
The average size of a house on TOWN SQUARE is 66 sq meters (712 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near North Gunnels |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near North Gunnels |
| Mar 2024 | Anti-social behaviour | On or near North Gunnels | |
| Mar 2024 | Shoplifting | Under investigation | On or near North Gunnels |
| Mar 2024 | Public order | Under investigation | On or near North Gunnels |