£109,261
This estimated value is based upon the latest sale price for the house of £110,000 on 9 Aug 2022. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near The Gables
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £110,000 | 9 Aug 2022 |
| £38,000 | 15 Sep 2000 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 45 sq meters or 484 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 2022 the House Price Index for ESSEX was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £110,000 results in an estimated price of approximately £109,261.
| 9 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £110,000 | £-738 | £109,261 |
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 | 166.091 % | £182,700 | £292,700 |
| 3 Month Average | -14.259 % | £-15,684 | £94,315 |
| 6 Month Average | -6.410 % | £-7,051 | £102,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £376,553 | £373,500 | 10 BENHAM WALK |
| 21 Apr 2023 | £322,396 | £320,000 | 25 BURGUNDY GARDENS |
| 23 Jan 2023 | £332,083 | £335,000 | 4 AIMES GREEN |
| 9 Aug 2022 | £109,262 | £110,000 | 3 THE GABLES |
| 24 Feb 2022 | £329,005 | £315,000 | 37 DAVENANTS |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 4 Feb 2019. Using an estimated price of £109,262 means this house is valued at £2,428 per sq meter (£225 per sq foot).
The average size of a house on THE GABLES is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Awaiting court outcome | On or near The Gables |
| Apr 2024 | Burglary | Awaiting court outcome | On or near The Gables |
| Apr 2024 | Public order | Under investigation | On or near Stirling Place |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stirling Place |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stirling Place |