£183,776
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Feb 2003. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £75,000 | 14 Feb 2003 |
| Terraced |
| Leasehold |
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 February 2003 the House Price Index for ESSEX was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £75,000 results in an estimated price of approximately £183,776.
| 14 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £75,000 | £108,776 | £183,776 |
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 | 122.224 % | £91,667 | £166,667 |
| 3 Month Average | 115.714 % | £86,785 | £161,785 |
| 6 Month Average | 134.198 % | £100,648 | £175,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £329,884 | £325,000 | UNIT 7C MULBERRY ROAD |
| 31 Jul 2023 | £475,398 | £469,000 | UNIT 4 MULBERRY ROAD |
| 29 Mar 2023 | £146,379 | £145,000 | UNIT 10 SHANNON SQUARE |
| 1 Apr 2022 | £221,407 | £215,000 | UNIT 4 WEST POINT PLACE |
| 4 Feb 2022 | £199,252 | £190,000 | SOUTHERN AUTO SALVAGE CHARFLEETS ROAD |