£211,154
This estimated value is based upon the latest sale price for the house of £180,000 on 10 Oct 2020. 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 |
---|---|
£180,000 | 10 Oct 2020 |
£122,000 | 7 Jul 2014 |
£59,000 | 25 Jan 2007 |
£36,000 | 9 May 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 October 2020 the House Price Index for ESSEX was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £180,000 results in an estimated price of approximately £211,154.
10 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £180,000 | £31,154 | £211,154 |
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 | -49.422 % | £-88,959 | £91,040 |
3 Month Average | -10.483 % | £-18,868 | £161,131 |
6 Month Average | -6.808 % | £-12,255 | £167,744 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £605,707 | £600,000 | 16 HILLCREST VIEW |
7 Mar 2023 | £494,660 | £490,000 | 15 SEAVIEW AVENUE |
24 Feb 2023 | £504,660 | £505,000 | 38 SEAVIEW AVENUE |
21 Oct 2022 | £215,678 | £218,000 | 18 SEAVIEW AVENUE |
10 Mar 2022 | £321,241 | £310,000 | 75 DOWNS GROVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 27 Jan 2014. Using an estimated price of £211,155 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on SEAVIEW AVENUE is 91 sq meters (980 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaview Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaview Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaview Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Seaview Avenue |
Feb 2024 | Anti-social behaviour | On or near Seaview Avenue |