£314,346
This estimated value is based upon the latest sale price for the house of £275,000 on 11 Dec 2020. 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 Durrington Close
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53 Southernhay, Basildon, SS14 1EU
Phone: 01268810660
| Price Paid | Date |
|---|---|
| £275,000 | 11 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for ESSEX was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £275,000 results in an estimated price of approximately £314,346.
| 11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £275,000 | £39,346 | £314,346 |
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 | -28.873 % | £-79,399 | £195,600 |
| 3 Month Average | -13.317 % | £-36,621 | £238,378 |
| 6 Month Average | -3.399 % | £-9,347 | £265,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £377,135 | £370,000 | 36 KINGSWOOD ROAD |
| 6 Jan 2023 | £307,301 | £310,000 | 3 DURRINGTON CLOSE |
| 28 Jul 2022 | £308,583 | £309,000 | 26 GUN HILL PLACE |
| 17 May 2022 | £436,488 | £430,000 | 51 GUN HILL PLACE |
| 31 Mar 2022 | £381,869 | £370,000 | 48 GUN HILL PLACE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Dec 2018. Using an estimated price of £314,347 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on KINGSWOOD ROAD is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Durrington Close |
| Feb 2024 | Anti-social behaviour | On or near Durrington Close | |
| Feb 2024 | Anti-social behaviour | On or near Durrington Close | |
| Feb 2024 | Anti-social behaviour | On or near Durrington Close | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Gun Hill Place |