£170,233
This estimated value is based upon the latest sale price for the house of £138,000 on 12 Dec 2018. 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 |
|---|---|
| £138,000 | 12 Dec 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 462 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 2018 the House Price Index for ESSEX was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £138,000 results in an estimated price of approximately £170,233.
| 12 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £138,000 | £32,233 | £170,233 |
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 | 74.167 % | £102,351 | £240,351 |
| 3 Month Average | 9.455 % | £13,048 | £151,048 |
| 6 Month Average | 15.976 % | £22,046 | £160,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £254,452 | £250,000 | 64 GREAT RANTON |
| 27 Jul 2023 | £326,393 | £322,000 | 17 CAMELOT GARDENS |
| 23 Jun 2023 | £285,458 | £282,000 | 10 GREAT RANTON |
| 17 Mar 2023 | £317,996 | £315,000 | 40 GREAT RANTON |
| 2 Feb 2023 | £209,859 | £210,000 | 12 ORLANDO DRIVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 4 Oct 2012. Using an estimated price of £170,234 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on RIFFAMS DRIVE is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Riffams Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Riffams Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vermont Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vermont Close |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Vermont Close |