£347,604
This estimated value is based upon the latest sale price for the house of £73,500 on 5 Jun 1998. 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 |
|---|---|
| £73,500 | 5 Jun 1998 |
| 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 June 1998 the House Price Index for ESSEX was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £73,500 results in an estimated price of approximately £347,604.
| 5 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 149.7 | 372.931 % | £73,500 | £274,104 | £347,604 |
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 | 467.930 % | £343,928 | £417,428 |
| 3 Month Average | 493.193 % | £362,497 | £435,997 |
| 6 Month Average | 550.184 % | £404,385 | £477,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £255,635 | £250,000 | 25 FAIRFAX AVENUE |
| 21 Jun 2023 | £387,771 | £380,000 | 20 FAIRFAX AVENUE |
| 15 Jun 2023 | £231,132 | £226,500 | 38 SHIRLEY GARDENS |
| 8 Mar 2023 | £366,114 | £360,000 | 18 FAIRFAX AVENUE |
| 10 Nov 2022 | £101,525 | £102,000 | 40 FAIRFAX AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |