£300,177
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Apr 2016. 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 |
|---|---|
| £220,000 | 28 Apr 2016 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.444%.Applying this 36.444% change to the original purchase price of £220,000 results in an estimated price of approximately £300,177.
| 28 Apr 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 149.7 | 36.444 % | £220,000 | £80,177 | £300,177 |
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 | 34.070 % | £74,953 | £294,953 |
| 3 Month Average | 52.512 % | £115,525 | £335,525 |
| 6 Month Average | 59.712 % | £131,366 | £351,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jul 2024 | £335,000 | £335,000 | 82 CHARLESTON AVENUE |
| 15 Dec 2023 | £222,848 | £216,000 | 8 DENVER DRIVE |
| 1 Sep 2023 | £253,437 | £247,850 | 7 CHARLESTON AVENUE |
| 2 Feb 2023 | £211,412 | £210,000 | 12 ORLANDO DRIVE |
| 20 Jan 2023 | £476,273 | £475,000 | 25 DENVER DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Sep 2013. Using an estimated price of £300,177 means this house is valued at £4,288 per sq meter (£398 per sq foot).
The average size of a house on ORLANDO DRIVE is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Calvert Drive |