£307,026
This estimated value is based upon the latest sale price for the house of £245,000 on 2 Mar 2018. 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 |
|---|---|
| £245,000 | 2 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £245,000 results in an estimated price of approximately £307,026.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £245,000 | £62,026 | £307,026 |
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 | -16.315 % | £-39,971 | £205,028 |
| 3 Month Average | -4.729 % | £-11,584 | £233,415 |
| 6 Month Average | 8.484 % | £20,786 | £265,786 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £381,678 | £375,000 | 43 CHURCH ROAD |
| 28 Apr 2023 | £323,483 | £320,000 | 48 RAYSIDE |
| 24 Jun 2022 | £329,659 | £325,000 | 4 OSBORNE ROAD |
| 10 Jun 2022 | £314,444 | £310,000 | 42 RAYSIDE |
| 24 Jan 2022 | £289,781 | £275,350 | 53 CHURCH ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Sep 2017. Using an estimated price of £307,027 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on OSBORNE ROAD is 88 sq meters (956 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Mistley Side |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mistley Side |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Mistley Side |
| Mar 2024 | Anti-social behaviour | On or near Mistley Side | |
| Mar 2024 | Anti-social behaviour | On or near Mistley Side |