£384,480
This estimated value is based upon the latest sale price for the house of £385,000 on 1 Jul 2022. 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 |
|---|---|
| £385,000 | 1 Jul 2022 |
| Terraced |
| Freehold |
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 July 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £385,000 results in an estimated price of approximately £384,480.
| 1 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £385,000 | £-519 | £384,480 |
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 | -48.039 % | £-184,950 | £200,049 |
| 3 Month Average | -22.315 % | £-85,912 | £299,087 |
| 6 Month Average | -11.291 % | £-43,468 | £341,531 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £384,942 | £380,000 | 10 COLNE PLACE |
| 21 Aug 2023 | £397,417 | £395,000 | 27 COLNE PLACE |
| 3 Apr 2023 | £322,396 | £320,000 | 4 MISTLEY END |
| 31 Mar 2023 | £356,929 | £355,000 | 85 GREAT MISTLEY |
| 6 Feb 2023 | £250,814 | £252,000 | 14 MISTLEY END |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Awaiting court outcome | On or near Mistley End |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mistley End |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mistley End |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Great Mistley |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Great Mistley |