£91,694
This estimated value is based upon the latest sale price for the house of £21,000 on 9 Jul 1999. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £21,000 | 9 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 July 1999 the House Price Index for ESSEX was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £21,000 results in an estimated price of approximately £91,694.
| 9 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £21,000 | £70,694 | £91,694 |
The Postcode Pricing Model uses changes in average sales price within the SS13 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 | 339.763 % | £71,350 | £92,350 |
| 3 Month Average | 397.029 % | £83,376 | £104,376 |
| 6 Month Average | 458.990 % | £96,387 | £117,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £255,635 | £250,000 | 25 FAIRFAX AVENUE |
| 21 Jun 2023 | £387,771 | £380,000 | 20 FAIRFAX AVENUE |
| 15 Jun 2023 | £231,132 | £226,500 | 38 SHIRLEY GARDENS |
| 8 Mar 2023 | £366,114 | £360,000 | 18 FAIRFAX AVENUE |
| 10 Nov 2022 | £101,525 | £102,000 | 40 FAIRFAX AVENUE |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 5 Sep 2014. Using an estimated price of £91,694 means this house is valued at £2,292 per sq meter (£212 per sq foot).
The average size of a house on FAIRFAX AVENUE is 67 sq meters (725 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |