£322,743
This estimated value is based upon the latest sale price for the house of £249,000 on 10 Mar 2017. 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 |
|---|---|
| £249,000 | 10 Mar 2017 |
| £137,500 | 5 Oct 2007 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £249,000 results in an estimated price of approximately £322,743.
| 10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £249,000 | £73,743 | £322,743 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | -26.037 % | £-64,832 | £184,167 |
| 3 Month Average | 29.088 % | £72,428 | £321,428 |
| 6 Month Average | 29.281 % | £72,908 | £321,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £381,678 | £375,000 | 4 HIGHLAND AVENUE |
| 8 Dec 2023 | £295,164 | £290,000 | 61 VANGE HILL DRIVE |
| 8 Dec 2023 | £288,040 | £283,000 | 6 COLLINGWOOD WALK |
| 23 Aug 2023 | £443,883 | £440,000 | 2 HIGHLAND AVENUE |
| 28 Jul 2023 | £165,224 | £163,000 | 64 REDGRAVE ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 26 Jul 2016. Using an estimated price of £322,744 means this house is valued at £2,907 per sq meter (£270 per sq foot).
The average size of a house on VANGE HILL DRIVE is 79 sq meters (860 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitseaville Grove |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Pitseaville Grove |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Pitseaville Grove |
| Mar 2024 | Other theft | Under investigation | On or near Pitseaville Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pitseaville Grove |