£378,457
This estimated value is based upon the latest sale price for the house of £302,000 on 29 Mar 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 |
|---|---|
| £302,000 | 29 Mar 2018 |
| £226,501 | 10 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £302,000 results in an estimated price of approximately £378,457.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £302,000 | £76,457 | £378,457 |
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 | -16.315 % | £-49,271 | £252,728 |
| 3 Month Average | -4.729 % | £-14,280 | £287,719 |
| 6 Month Average | 8.484 % | £25,622 | £327,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £425,440 | £420,000 | 48 LATCHETTS SHAW |
| 14 Apr 2023 | £147,084 | £145,500 | 21 LANGLEYS |
| 24 Mar 2023 | £646,087 | £640,000 | 82 SPARROWS HERNE |
| 27 Jan 2023 | £337,908 | £339,500 | 22 LATCHETTS SHAW |
| 26 Aug 2022 | £339,087 | £340,000 | 24 LATCHETTS SHAW |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 19 Jan 2017. Using an estimated price of £378,457 means this house is valued at £4,915 per sq meter (£456 per sq foot).
The average size of a house on LATCHETTS SHAW is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Latchetts Shaw |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langleys |
| Feb 2024 | Drugs | Local resolution | On or near Langleys |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langleys |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langleys |