£516,837
This estimated value is based upon the latest sale price for the house of £420,000 on 22 Aug 2019. 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 |
|---|---|
| £420,000 | 22 Aug 2019 |
| £340,000 | 17 Aug 2015 |
| £79,000 | 30 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,235 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £420,000 results in an estimated price of approximately £516,837.
| 22 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £420,000 | £96,837 | £516,837 |
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 | -42.107 % | £-176,849 | £243,150 |
| 3 Month Average | -4.951 % | £-20,793 | £399,206 |
| 6 Month Average | -1.419 % | £-5,960 | £414,039 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £523,696 | £517,000 | 16 SWALLOW DALE |
| 15 Mar 2023 | £464,375 | £460,000 | 40 RAVENSDALE |
| 30 Jan 2023 | £330,443 | £332,000 | 15 WYNTERS |
| 27 Jul 2022 | £501,350 | £500,000 | 64 RAVENSDALE |
| 11 Jul 2022 | £265,715 | £265,000 | 4 WYNTERS |
This house has a floor area of 114 sq meters or 1,235 sq feet when measured on 15 Feb 2010. Using an estimated price of £516,837 means this house is valued at £4,502 per sq meter (£418 per sq foot).
The average size of a house on RAVENSDALE is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peregrine Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Peregrine Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Peregrine Close |
| Feb 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Peregrine Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peregrine Close |