£385,942
This estimated value is based upon the latest sale price for the house of £307,000 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
Price Paid | Date |
---|---|
£307,000 | 21 Dec 2017 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £307,000 results in an estimated price of approximately £385,942.
21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £307,000 | £78,942 | £385,942 |
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 | -52.292 % | £-160,536 | £146,463 |
3 Month Average | 6.719 % | £20,626 | £327,626 |
6 Month Average | 19.955 % | £61,263 | £368,263 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £272,027 | £268,000 | 34 GREAT GREGORIE |
1 Sep 2023 | £284,893 | £281,250 | 36 THE KNARES |
31 Aug 2023 | £358,133 | £355,000 | 76 GREAT GREGORIE |
31 Jan 2023 | £353,336 | £355,000 | 6 GREAT GREGORIE |
12 Jul 2022 | £360,972 | £360,000 | 49 GREAT GREGORIE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Aug 2017. Using an estimated price of £385,942 means this house is valued at £4,195 per sq meter (£389 per sq foot).
The average size of a house on THE KNARES is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Threshelford |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Threshelford |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Threshelford |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Threshelford |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Threshelford |