£176,567
This estimated value is based upon the latest sale price for the house of £74,000 on 2 May 2003. 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 |
|---|---|
| £74,000 | 2 May 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 May 2003 the House Price Index for ESSEX was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £74,000 results in an estimated price of approximately £176,567.
| 2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £74,000 | £102,567 | £176,567 |
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 | 193.228 % | £142,988 | £216,988 |
| 3 Month Average | 181.912 % | £134,614 | £208,614 |
| 6 Month Average | 171.002 % | £126,541 | £200,541 |
| 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 48 sq meters or 516 sq feet when measured on 1 May 2018. Using an estimated price of £176,568 means this house is valued at £3,678 per sq meter (£341 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 |