£217,610
This estimated value is based upon the latest sale price for the house of £148,000 on 8 May 2015. 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 |
|---|---|
| £148,000 | 8 May 2015 |
| £128,000 | 7 Aug 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 823 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £148,000 results in an estimated price of approximately £217,610.
| 8 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £148,000 | £69,610 | £217,610 |
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 | 87.457 % | £129,436 | £277,436 |
| 3 Month Average | 61.289 % | £90,707 | £238,707 |
| 6 Month Average | 59.438 % | £87,968 | £235,968 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £189,818 | £185,000 | 96 BUTNEYS |
| 30 Oct 2023 | £281,391 | £275,000 | 81 LANDERMERE |
| 14 Aug 2023 | £269,867 | £265,000 | 63 LANDERMERE |
| 1 Jun 2023 | £204,090 | £200,000 | 42 BUTNEYS |
| 27 Jan 2023 | £320,857 | £320,000 | 48 BUTNEYS |
This house has a floor area of 76 sq meters or 823 sq feet when measured on 31 Dec 2011. Using an estimated price of £217,611 means this house is valued at £2,843 per sq meter (£264 per sq foot).
The average size of a house on BUTNEYS is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Butneys |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Butneys |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Butneys |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ghyllgrove |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ghyllgrove |