£510,016
This estimated value is based upon the latest sale price for the house of £410,000 on 15 Jun 2018. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Great Leighs Way
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £410,000 | 15 Jun 2018 |
| Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 June 2018 the House Price Index for ESSEX was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £410,000 results in an estimated price of approximately £510,016.
| 15 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £410,000 | £100,016 | £510,016 |
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 | -59.191 % | £-242,683 | £167,316 |
| 3 Month Average | 9.068 % | £37,180 | £447,180 |
| 6 Month Average | 6.661 % | £27,310 | £437,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £108,818 | £107,500 | 25 TENTERFIELDS |
| 16 Jun 2023 | £378,080 | £373,500 | 10 BENHAM WALK |
| 26 Apr 2023 | £621,694 | £615,000 | 12 GREAT LEIGHS WAY |
| 3 Apr 2023 | £555,986 | £550,000 | 9 HAWBUSH GREEN |
| 23 Jan 2023 | £333,429 | £335,000 | 4 AIMES GREEN |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 16 Feb 2018. Using an estimated price of £510,016 means this house is valued at £4,904 per sq meter (£455 per sq foot).
The average size of a house on GREAT LEIGHS WAY is 137 sq meters (1,475 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Great Leighs Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Leighs Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Great Leighs Way |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Great Leighs Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Great Leighs Way |