£246,337
This estimated value is based upon the latest sale price for the house of £200,000 on 5 Apr 2019. 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 |
|---|---|
| £200,000 | 5 Apr 2019 |
| £40,000 | 17 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2019 the House Price Index for ESSEX was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £200,000 results in an estimated price of approximately £246,337.
| 5 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £200,000 | £46,337 | £246,337 |
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 | 15.225 % | £30,450 | £230,450 |
| 3 Month Average | 24.966 % | £49,931 | £249,931 |
| 6 Month Average | 24.677 % | £49,353 | £249,353 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £280,949 | £280,000 | 6 LINCOLN WAY |
| 19 Dec 2023 | £331,267 | £325,000 | 24 CHILTERN APPROACH |
| 20 Nov 2023 | £248,186 | £245,000 | 3 AVONDALE WALK |
| 6 Apr 2023 | £266,984 | £265,000 | 47 BENDERLOCH |
| 24 Feb 2023 | £263,753 | £265,000 | 5 LINCOLN WAY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Jan 2014. Using an estimated price of £246,337 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on SUFFOLK WAY is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Way |
| Apr 2024 | Anti-social behaviour | On or near Suffolk Way | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Way |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Way | |
| Mar 2024 | Anti-social behaviour | On or near Suffolk Way |