£275,242
This estimated value is based upon the latest sale price for the house of £148,000 on 2 Jun 2005. 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 |
|---|---|
| £148,000 | 2 Jun 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2005 the House Price Index for ESSEX was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £148,000 results in an estimated price of approximately £275,242.
| 2 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £148,000 | £127,242 | £275,242 |
The Postcode Pricing Model uses changes in average sales price within the SS14 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 | 144.474 % | £213,820 | £361,820 |
| 3 Month Average | 124.753 % | £184,634 | £332,634 |
| 6 Month Average | 114.888 % | £170,034 | £318,034 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2024 | £275,000 | £275,000 | 297 CHURCH ROAD |
| 30 Apr 2024 | £242,102 | £240,000 | 30 THISTLEDOWN COURT |
| 6 Mar 2024 | £139,646 | £137,500 | 122 METHERSGATE |
| 27 Oct 2023 | £319,762 | £312,500 | 118 METHERSGATE |
| 13 Sep 2023 | £284,266 | £278,000 | 12 DOWNEY CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Dec 2014. Using an estimated price of £275,243 means this house is valued at £3,316 per sq meter (£308 per sq foot).
The average size of a house on CHURCH ROAD is 91 sq meters (984 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Broadmayne |
| Oct 2024 | Other theft | Under investigation | On or near Wykes Green |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wykes Green |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wykes Green |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wykes Green |