£375,634
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
Suite 19, Cornwallis Business Centre, Cornwallis House, Howard Road, Basildon, SS14 3BB
Phone: 01702787540
Price Paid | Date |
---|---|
£350,000 | 28 Sep 2021 |
£219,995 | 30 Oct 2006 |
£179,000 | 11 Aug 2004 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 2021 the House Price Index for ESSEX was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £350,000 results in an estimated price of approximately £375,634.
28 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £350,000 | £25,634 | £375,634 |
The Postcode Pricing Model uses changes in average sales price within the SS15 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 | 2.197 % | £7,690 | £357,690 |
3 Month Average | 0.784 % | £2,743 | £352,743 |
6 Month Average | -1.325 % | £-4,639 | £345,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £468,871 | £460,000 | 45 DURBAN LANE |
16 Nov 2023 | £319,097 | £315,000 | 57 DURBAN LANE |
14 Jun 2023 | £524,251 | £520,000 | 48 DURBAN LANE |
28 Nov 2022 | £360,160 | £366,000 | 60 DURBAN LANE |
23 Jun 2022 | £616,246 | £610,000 | 16 TUDOR COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Jun 2021. Using an estimated price of £375,635 means this house is valued at £6,366 per sq meter (£591 per sq foot).
The average size of a house on GATE LODGE SQUARE is 57 sq meters (619 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gate Lodge Square |
Apr 2024 | Drugs | Under investigation | On or near Gate Lodge Way |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Calvinia Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Littlehurst Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Littlehurst Lane |