£318,323
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Dec 2015. 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 |
|---|---|
| £230,000 | 18 Dec 2015 |
| £100,000 | 27 Oct 2014 |
| £125,000 | 27 Oct 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £230,000 results in an estimated price of approximately £318,323.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £230,000 | £88,323 | £318,323 |
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 | -32.950 % | £-75,785 | £154,214 |
| 3 Month Average | 44.134 % | £101,509 | £331,509 |
| 6 Month Average | 45.129 % | £103,796 | £333,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £381,678 | £375,000 | 4 HIGHLAND AVENUE |
| 8 Dec 2023 | £288,040 | £283,000 | 6 COLLINGWOOD WALK |
| 23 Aug 2023 | £443,883 | £440,000 | 2 HIGHLAND AVENUE |
| 1 Sep 2022 | £441,435 | £445,000 | 29 COLLINGWOOD ROAD |
| 30 Jun 2022 | £390,519 | £385,000 | 6 HIGHLAND AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 13 Oct 2014. Using an estimated price of £318,323 means this house is valued at £3,701 per sq meter (£343 per sq foot).
The average size of a house on COLLINGWOOD WALK is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near South Colne |