£419,940
This estimated value is based upon the latest sale price for the house of £306,000 on 19 Jan 2016. 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 |
|---|---|
| £306,000 | 19 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 January 2016 the House Price Index for ESSEX was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £306,000 results in an estimated price of approximately £419,940.
| 19 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £306,000 | £113,940 | £419,940 |
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 | -24.858 % | £-76,065 | £229,934 |
| 3 Month Average | 32.727 % | £100,145 | £406,145 |
| 6 Month Average | 41.836 % | £128,019 | £434,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £605,707 | £600,000 | 16 HILLCREST VIEW |
| 7 Mar 2023 | £494,660 | £490,000 | 15 SEAVIEW AVENUE |
| 24 Feb 2023 | £504,660 | £505,000 | 38 SEAVIEW AVENUE |
| 17 Feb 2023 | £188,373 | £188,500 | 17 THE VALE |
| 30 Jan 2023 | £303,570 | £305,000 | 1 DENEWAY |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 5 Nov 2015. Using an estimated price of £419,941 means this house is valued at £3,181 per sq meter (£295 per sq foot).
The average size of a house on SEAVIEW AVENUE is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deneway |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Deneway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deneway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Deneway |
| Mar 2024 | Other crime | Under investigation | On or near Deneway |