£406,521
This estimated value is based upon the latest sale price for the house of £332,500 on 3 Apr 2020. 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 |
|---|---|
| £332,500 | 3 Apr 2020 |
| £335,000 | 31 Aug 2018 |
| £69,000 | 16 Apr 1999 |
| £57,650 | 22 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £332,500 results in an estimated price of approximately £406,521.
| 3 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £332,500 | £74,021 | £406,521 |
The Postcode Pricing Model uses changes in average sales price within the SS13 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 | 36.118 % | £120,091 | £452,591 |
| 3 Month Average | 11.171 % | £37,142 | £369,642 |
| 6 Month Average | 9.841 % | £32,721 | £365,221 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £318,940 | £317,000 | 5 PEMBROKE MEWS |
| 30 Jun 2023 | £108,379 | £107,500 | 25 TENTERFIELDS |
| 16 Jun 2023 | £376,553 | £373,500 | 10 BENHAM WALK |
| 30 Jan 2023 | £277,562 | £280,000 | 2 MEADGATE |
| 31 Mar 2022 | £53,716 | £52,046 | 23 TENTERFIELDS |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 18 Jan 2020. Using an estimated price of £406,522 means this house is valued at £4,148 per sq meter (£385 per sq foot).
The average size of a house on MEADGATE is 68 sq meters (740 sq feet).
This house is the largest in the street with a floor area of 98 sq meters (1,054 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadgate |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langford Grove |
| Apr 2024 | Burglary | Under investigation | On or near Mayfair Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mayfair Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Porters |