£397,380
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Feb 2012. 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 |
---|---|
£230,000 | 8 Feb 2012 |
£215,000 | 11 Apr 2007 |
Semi-Detached |
Freehold |
Floor Area: 219 sq meters or 2,367 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 February 2012 the House Price Index for ESSEX was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.774%.Applying this 72.774% change to the original purchase price of £230,000 results in an estimated price of approximately £397,380.
8 Feb 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.774 % | £230,000 | £167,380 | £397,380 |
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 | 161.624 % | £371,735 | £601,735 |
3 Month Average | 81.446 % | £187,326 | £417,326 |
6 Month Average | 86.835 % | £199,721 | £429,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £358,110 | £355,000 | 231 CLAY HILL ROAD |
21 Dec 2023 | £443,632 | £430,000 | 234 CLAY HILL ROAD |
9 Oct 2023 | £368,366 | £360,000 | 37 GREAT MISTLEY |
1 Sep 2023 | £337,439 | £330,000 | 4 MAPLEFORD SWEEP |
31 Mar 2023 | £361,029 | £355,000 | 85 GREAT MISTLEY |
This house has a floor area of 219 sq meters or 2,367 sq feet when measured on 21 Dec 2011. Using an estimated price of £397,380 means this house is valued at £1,806 per sq meter (£167 per sq foot).
The average size of a house on CLAY HILL ROAD is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 219 sq meters (2,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Public order | Under investigation | On or near The Leys |
Jul 2024 | Violence and sexual offences | Under investigation | On or near The Leys |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Leys |
May 2024 | Public order | Unable to prosecute suspect | On or near The Leys |
May 2024 | Robbery | Under investigation | On or near The Leys |