£284,244
This estimated value is based upon the latest sale price for the house of £230,000 on 16 Dec 2019. 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 |
|---|---|
| £230,000 | 16 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £230,000 results in an estimated price of approximately £284,244.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £230,000 | £54,244 | £284,244 |
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 | 11.207 % | £25,775 | £255,775 |
| 3 Month Average | 8.630 % | £19,849 | £249,849 |
| 6 Month Average | 9.731 % | £22,380 | £252,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £291,972 | £283,000 | 6 COLLINGWOOD WALK |
| 12 Sep 2023 | £322,100 | £315,000 | 2 MAPLEFORD SWEEP |
| 23 Aug 2023 | £448,082 | £440,000 | 2 HIGHLAND AVENUE |
| 20 Mar 2023 | £437,303 | £430,000 | 6A FURLONGS |
| 22 Feb 2023 | £302,017 | £300,000 | 61 MAPLEFORD SWEEP |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Jun 2019. Using an estimated price of £284,244 means this house is valued at £3,789 per sq meter (£352 per sq foot).
The average size of a house on MAPLEFORD SWEEP is 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Mapleford Sweep | |
| Jun 2024 | Anti-social behaviour | On or near Mapleford Sweep | |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near South Colne |
| Jul 2024 | Public order | Under investigation | On or near Collingwood Walk |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Collingwood Walk |