£351,270
This estimated value is based upon the latest sale price for the house of £290,000 on 26 Sep 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Somerset Gardens
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £290,000 | 26 Sep 2019 |
| £122,000 | 19 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.128%.Applying this 21.128% change to the original purchase price of £290,000 results in an estimated price of approximately £351,270.
| 26 Sep 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.128 % | £290,000 | £61,270 | £351,270 |
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 | -60.262 % | £-174,758 | £115,241 |
| 3 Month Average | -6.683 % | £-19,380 | £270,619 |
| 6 Month Average | -0.621 % | £-1,799 | £288,200 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 16 May 2019.
The average size of a house on SOMERSET GARDENS is 108 sq meters (1,166 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerset Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tanswell Avenue |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Tanswell Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Tanswell Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Winifred Road |