£199,677
This estimated value is based upon the latest sale price for the house of £92,500 on 26 Jan 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been four burglaries within the last year on or near Eastley
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
| Price Paid | Date |
|---|---|
| £92,500 | 26 Jan 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 January 2004 the House Price Index for ESSEX was 69.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 115.867%.Applying this 115.867% change to the original purchase price of £92,500 results in an estimated price of approximately £199,677.
| 26 Jan 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 149.7 | 115.867 % | £92,500 | £107,177 | £199,677 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | 165.100 % | £152,717 | £245,217 |
| 3 Month Average | 132.944 % | £122,972 | £215,472 |
| 6 Month Average | 146.359 % | £135,381 | £227,881 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £333,465 | £325,000 | 50 GOBIONS |
| 14 Aug 2023 | £280,051 | £275,000 | 114 GOBIONS |
| 1 Jun 2023 | £295,930 | £290,000 | 92 GOBIONS |
| 21 Apr 2023 | £290,432 | £285,000 | 27 GOBIONS |
| 20 Jan 2023 | £380,015 | £379,000 | 44 GOBIONS |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 20 Nov 2018. Using an estimated price of £199,677 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on GOBIONS is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastley |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastley |
| Jun 2024 | Burglary | Under investigation | On or near Eastley |
| May 2024 | Burglary | Under investigation | On or near Eastley |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastley |