£316,059
This estimated value is based upon the latest sale price for the house of £305,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £305,000 | 18 Mar 2022 |
| £245,000 | 20 Aug 2018 |
| £153,000 | 27 Sep 2013 |
| £147,750 | 14 Dec 2007 |
| £110,000 | 20 Jun 2003 |
| £54,000 | 28 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 896 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 2022 the House Price Index for ESSEX was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £305,000 results in an estimated price of approximately £316,059.
| 18 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £305,000 | £11,059 | £316,059 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 13.803 % | £42,100 | £347,100 |
| 3 Month Average | -4.241 % | £-12,934 | £292,065 |
| 6 Month Average | 1.624 % | £4,952 | £309,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £253,757 | £250,000 | 112 LINK ROAD |
| 27 Sep 2023 | £146,878 | £145,000 | 217 LINK ROAD |
| 25 Aug 2023 | £176,544 | £175,000 | 2 DINANT AVENUE |
| 28 Jun 2023 | £273,311 | £270,000 | 16 MEADOW VIEW WALK |
| 12 Sep 2022 | £297,597 | £300,000 | 8 MEADOW VIEW WALK |
This house has a floor area of 83 sq meters or 896 sq feet when measured on 9 Jan 2012. Using an estimated price of £316,060 means this house is valued at £3,793 per sq meter (£352 per sq foot).
The average size of a house on LINK ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Seventh Avenue |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Seventh Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Seventh Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fifth Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dinant Avenue |