£553,962
This estimated value is based upon the latest sale price for the house of £324,946 on 30 Nov 2012. 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 |
|---|---|
| £324,946 | 30 Nov 2012 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2012 the House Price Index for ESSEX was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £324,946 results in an estimated price of approximately £553,962.
| 30 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £324,946 | £229,016 | £553,962 |
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 | 99.917 % | £324,677 | £649,623 |
| 3 Month Average | 81.322 % | £264,253 | £589,199 |
| 6 Month Average | 71.716 % | £233,039 | £557,985 |
| 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 112 sq meters or 1,205 sq feet when measured on 1 Nov 2012. Using an estimated price of £553,962 means this house is valued at £4,946 per sq meter (£459 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 |