£513,970
This estimated value is based upon the latest sale price for the house of £155,000 on 30 Aug 2001. 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 |
|---|---|
| £155,000 | 30 Aug 2001 |
| £102,000 | 8 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 August 2001 the House Price Index for ESSEX was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £155,000 results in an estimated price of approximately £513,970.
| 30 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £155,000 | £358,970 | £513,970 |
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 | 63.194 % | £97,950 | £252,950 |
| 3 Month Average | 209.984 % | £325,475 | £480,475 |
| 6 Month Average | 231.560 % | £358,917 | £513,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £237,881 | £235,000 | 56 THE VALE |
| 17 Mar 2023 | £204,426 | £202,500 | 30 THE VALE |
| 17 Feb 2023 | £188,373 | £188,500 | 17 THE VALE |
| 11 Nov 2022 | £192,666 | £195,000 | 3 THE VALE |
| 24 Jun 2022 | £231,268 | £228,000 | 26 THE VALE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 30 Sep 2014. Using an estimated price of £513,971 means this house is valued at £4,212 per sq meter (£391 per sq foot).
The average size of a house on CASHMERE WAY is 83 sq meters (898 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cashmere Way |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hollands Walk |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollands Walk |
| Dec 2023 | Anti-social behaviour | On or near Hollands Walk | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollands Walk |