£334,552
This estimated value is based upon the latest sale price for the house of £275,000 on 12 Oct 2018. 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 |
|---|---|
| £275,000 | 12 Oct 2018 |
| £162,000 | 3 May 2014 |
| £160,000 | 4 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.655%.Applying this 21.655% change to the original purchase price of £275,000 results in an estimated price of approximately £334,552.
| 12 Oct 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.655 % | £275,000 | £59,552 | £334,552 |
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 | 14.384 % | £39,556 | £314,556 |
| 3 Month Average | 89.917 % | £247,270 | £522,270 |
| 6 Month Average | 34.933 % | £96,064 | £371,064 |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 16 Jun 2018.
The average size of a house on NETHER PRIORS is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Nether Priors |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Nether Priors |
| Dec 2023 | Possession of weapons | Investigation complete; no suspect identified | On or near Nether Priors |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priors Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Priors Close |