£378,823
This estimated value is based upon the latest sale price for the house of £310,000 on 20 Sep 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 |
|---|---|
| £310,000 | 20 Sep 2019 |
| £140,000 | 11 Feb 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £310,000 results in an estimated price of approximately £378,823.
| 20 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £310,000 | £68,823 | £378,823 |
The Postcode Pricing Model uses changes in average sales price within the SS7 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 | 3.907 % | £12,112 | £322,112 |
| 3 Month Average | 5.784 % | £17,929 | £327,929 |
| 6 Month Average | 10.843 % | £33,612 | £343,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £396,517 | £400,000 | 59 PHILMEAD ROAD |
| 18 Jan 2023 | £373,222 | £376,500 | 20 PHILMEAD ROAD |
| 5 Aug 2022 | £417,181 | £420,000 | 56 PHILMEAD ROAD |
| 24 Mar 2022 | £385,997 | £374,000 | 42 PHILMEAD ROAD |
| 25 Feb 2022 | £443,896 | £425,000 | 55 TYRRELL ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 May 2019. Using an estimated price of £378,823 means this house is valued at £5,919 per sq meter (£549 per sq foot).
The average size of a house on PHILMEAD ROAD is 72 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Philmead Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Loten Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Loten Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tyrrell Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tyrrell Road |