£340,929
This estimated value is based upon the latest sale price for the house of £260,000 on 16 Dec 2016. 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 |
|---|---|
| £260,000 | 16 Dec 2016 |
| £92,000 | 18 Jan 2001 |
| £65,000 | 26 Aug 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 December 2016 the House Price Index for ESSEX was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £260,000 results in an estimated price of approximately £340,929.
| 16 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £260,000 | £80,929 | £340,929 |
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 | 8.810 % | £22,905 | £282,905 |
| 3 Month Average | 34.172 % | £88,846 | £348,846 |
| 6 Month Average | 35.874 % | £93,271 | £353,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £314,229 | £310,000 | 3 THE WEALD |
| 28 Jun 2023 | £273,311 | £270,000 | 16 MEADOW VIEW WALK |
| 13 Jun 2023 | £313,801 | £310,000 | 7 ASPEN CLOSE |
| 28 Mar 2023 | £333,139 | £330,000 | 30 PINE CLOSE |
| 12 Sep 2022 | £297,597 | £300,000 | 8 MEADOW VIEW WALK |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 4 Aug 2016. Using an estimated price of £340,929 means this house is valued at £3,246 per sq meter (£301 per sq foot).
The average size of a house on THE WEALD is 105 sq meters (1,136 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Weald |