£267,019
This estimated value is based upon the latest sale price for the house of £161,995 on 14 Oct 2013. 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 |
---|---|
£161,995 | 14 Oct 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 October 2013 the House Price Index for ESSEX was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £161,995 results in an estimated price of approximately £267,019.
14 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £161,995 | £105,024 | £267,019 |
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 | 110.664 % | £179,270 | £341,265 |
3 Month Average | 92.496 % | £149,838 | £311,833 |
6 Month Average | 76.401 % | £123,766 | £285,761 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Mar 2024 | £360,539 | £355,000 | 73 ROODEGATE |
15 Dec 2023 | £257,926 | £250,000 | 43 ROODEGATE |
24 Oct 2023 | £267,066 | £261,000 | 107 BROADHURST PLACE |
13 Oct 2023 | £248,647 | £243,000 | 31 BLAKE AVENUE |
2 Jun 2023 | £357,157 | £350,000 | 81 ROODEGATE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Sep 2013. Using an estimated price of £267,019 means this house is valued at £4,603 per sq meter (£427 per sq foot).
The average size of a house on BLAKE AVENUE is 78 sq meters (846 sq feet).