£225,959
This estimated value is based upon the latest sale price for the house of £121,500 on 17 Jun 2005. This value is then adjusted by the current Official House Price Index for ESSEX 1
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28 Southernhay, Basildon, SS14 1EL
Phone: 01268661439
| Price Paid | Date |
|---|---|
| £121,500 | 17 Jun 2005 |
| £100,000 | 22 Dec 2004 |
| £38,495 | 29 May 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 June 2005 the House Price Index for ESSEX was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £121,500 results in an estimated price of approximately £225,959.
| 17 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £121,500 | £104,459 | £225,959 |
The Postcode Pricing Model uses changes in average sales price within the SS14 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 | 144.474 % | £175,535 | £297,035 |
| 3 Month Average | 124.753 % | £151,574 | £273,074 |
| 6 Month Average | 114.888 % | £139,589 | £261,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £189,818 | £185,000 | 96 BUTNEYS |
| 30 Oct 2023 | £281,391 | £275,000 | 81 LANDERMERE |
| 1 Sep 2023 | £286,311 | £280,000 | 12 LANDERMERE |
| 14 Aug 2023 | £269,867 | £265,000 | 63 LANDERMERE |
| 1 Jun 2023 | £204,090 | £200,000 | 42 BUTNEYS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 10 Dec 2021. Using an estimated price of £225,960 means this house is valued at £3,766 per sq meter (£349 per sq foot).
The average size of a house on BUTNEYS is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hinckfield Place |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hinckfield Place |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hinckfield Place |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Butneys |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Butneys |