£244,219
This estimated value is based upon the latest sale price for the house of £151,000 on 20 Mar 2007. 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 |
|---|---|
| £151,000 | 20 Mar 2007 |
| £140,000 | 20 Dec 2004 |
| £135,000 | 9 Jul 2004 |
| £39,995 | 19 Jul 1996 |
| 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 March 2007 the House Price Index for ESSEX was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £151,000 results in an estimated price of approximately £244,219.
| 20 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.735 % | £151,000 | £93,219 | £244,219 |
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 | 20.093 % | £30,340 | £181,340 |
| 3 Month Average | 58.216 % | £87,906 | £238,906 |
| 6 Month Average | 78.587 % | £118,666 | £269,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £200,564 | £198,000 | 20 MOSS CLOSE |
| 24 Feb 2023 | £329,778 | £330,000 | 26 MERRICKS LANE |
| 13 Jan 2023 | £323,476 | £325,000 | 2 CREEK VIEW |
| 26 Aug 2022 | £279,248 | £280,000 | 48 MERRICKS LANE |
| 26 Jul 2022 | £162,437 | £162,000 | 43 GOLDINGS CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnard Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnard Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barnard Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Barnard Close |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Creek View |