£388,360
This estimated value is based upon the latest sale price for the house of £130,000 on 19 Apr 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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53 Southernhay, Basildon, SS14 1EU
Phone: 01268810660
Price Paid | Date |
---|---|
£130,000 | 19 Apr 2002 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 2002 the House Price Index for ESSEX was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £130,000 results in an estimated price of approximately £388,360.
19 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 148.6 | 198.739 % | £130,000 | £258,360 | £388,360 |
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 | 128.976 % | £167,669 | £297,669 |
3 Month Average | 166.215 % | £216,079 | £346,079 |
6 Month Average | 214.778 % | £279,212 | £409,212 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £335,877 | £330,000 | 12 WICKHAM PLACE |
24 Nov 2023 | £350,184 | £345,000 | 1 KINGSWOOD ROAD |
1 Jun 2023 | £253,065 | £250,000 | 15 WICKHAM PLACE |
12 Sep 2022 | £313,469 | £316,000 | 32 WICKHAM PLACE |
27 Jul 2022 | £501,350 | £500,000 | 64 RAVENSDALE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 24 Nov 2021. Using an estimated price of £388,360 means this house is valued at £3,883 per sq meter (£360 per sq foot).
The average size of a house on WICKHAM PLACE is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Wickham Place | |
Mar 2024 | Anti-social behaviour | On or near Wickham Place | |
Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area |