£284,922
This estimated value is based upon the latest sale price for the house of £173,500 on 3 Jan 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
53 Southernhay, Basildon, SS14 1EU
Phone: 01268810660
| Price Paid | Date |
|---|---|
| £173,500 | 3 Jan 2007 |
| £100,000 | 7 Dec 2001 |
| £56,000 | 27 Mar 1997 |
| Terraced |
| Freehold |
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 January 2007 the House Price Index for ESSEX was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £173,500 results in an estimated price of approximately £284,922.
| 3 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £173,500 | £111,422 | £284,922 |
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 | 32.079 % | £55,656 | £229,156 |
| 3 Month Average | 59.439 % | £103,126 | £276,626 |
| 6 Month Average | 74.560 % | £129,361 | £302,861 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £437,658 | £430,000 | 234 CLAY HILL ROAD |
| 12 Sep 2023 | £319,080 | £315,000 | 2 MAPLEFORD SWEEP |
| 1 Sep 2023 | £334,274 | £330,000 | 4 MAPLEFORD SWEEP |
| 6 Jun 2023 | £147,790 | £146,000 | 9 CHURCH ROAD |
| 20 Mar 2023 | £434,090 | £430,000 | 6A FURLONGS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furlongs |