£325,207
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Nov 2004. 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 Lower Street
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Suite 19, Cornwallis Business Centre, Cornwallis House, Howard Road, Basildon, SS14 3BB
Phone: 01702787540
| Price Paid | Date |
|---|---|
| £175,000 | 12 Nov 2004 |
| £70,500 | 29 Oct 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2004 the House Price Index for ESSEX was 78.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 85.833%.Applying this 85.833% change to the original purchase price of £175,000 results in an estimated price of approximately £325,207.
| 12 Nov 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 146.7 | 85.833 % | £175,000 | £150,207 | £325,207 |
The Postcode Pricing Model uses changes in average sales price within the SS15 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 | 31.859 % | £55,752 | £230,752 |
| 3 Month Average | 86.795 % | £151,891 | £326,891 |
| 6 Month Average | 101.663 % | £177,910 | £352,910 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Oct 2012.
The average size of a house on LOWER STREET is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Lower Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kenilworth Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Kenilworth Place |
| Feb 2024 | Anti-social behaviour | On or near Crouch Street | |
| Feb 2024 | Anti-social behaviour | On or near Crouch Street |