£485,559
This estimated value is based upon the latest sale price for the house of £287,955 on 1 Mar 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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28 Southernhay, Basildon, SS14 1EL
Phone: 01268661439
Price Paid | Date |
---|---|
£287,955 | 1 Mar 2013 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 March 2013 the House Price Index for ESSEX was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £287,955 results in an estimated price of approximately £485,559.
1 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £287,955 | £197,604 | £485,559 |
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 | 107.940 % | £310,819 | £598,774 |
3 Month Average | 96.726 % | £278,526 | £566,481 |
6 Month Average | 73.377 % | £211,291 | £499,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £262,278 | £260,000 | 14 NEVILLE SHAW |
22 Aug 2023 | £322,822 | £317,000 | 32 NEVILLE SHAW |
2 Jun 2023 | £280,624 | £275,000 | 21 NEVILLE SHAW |
28 Oct 2022 | £309,965 | £311,000 | 14 AUDLEY WAY |
8 Apr 2022 | £77,807 | £75,000 | 5 BROOKE HOUSE TOWN SQUARE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 12 Dec 2012. Using an estimated price of £485,559 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on BLAKE AVENUE is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Audley Way | |
Aug 2024 | Anti-social behaviour | On or near Audley Way | |
Aug 2024 | Anti-social behaviour | On or near Audley Way |