£433,124
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Aug 2009. 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 |
|---|---|
| £240,000 | 7 Aug 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2009 the House Price Index for ESSEX was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £240,000 results in an estimated price of approximately £433,124.
| 7 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £240,000 | £193,124 | £433,124 |
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 | -22.013 % | £-52,830 | £187,169 |
| 3 Month Average | 61.494 % | £147,586 | £387,586 |
| 6 Month Average | 78.408 % | £188,180 | £428,180 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £523,696 | £517,000 | 16 SWALLOW DALE |
| 7 Jul 2023 | £582,844 | £575,000 | 37 SPARROWS HERNE |
| 15 Mar 2023 | £464,375 | £460,000 | 40 RAVENSDALE |
| 9 Jun 2022 | £405,734 | £400,000 | 62 SWALLOW DALE |
| 27 Apr 2022 | £427,367 | £415,000 | 44 SPARROWS HERNE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 4 Jul 2012. Using an estimated price of £433,124 means this house is valued at £4,374 per sq meter (£406 per sq foot).
The average size of a house on SWALLOW DALE is 113 sq meters (1,218 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wynters |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wynters |
| Mar 2024 | Anti-social behaviour | On or near Wynters | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wynters |
| Jan 2024 | Other crime | Under investigation | On or near Wynters |