£162,408
This estimated value is based upon the latest sale price for the house of £132,000 on 3 Jan 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 |
---|---|
£132,000 | 3 Jan 2019 |
£95,000 | 22 Dec 2014 |
£34,995 | 30 Jun 2000 |
£24,500 | 21 Feb 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 January 2019 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £132,000 results in an estimated price of approximately £162,408.
3 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.037 % | £132,000 | £30,408 | £162,408 |
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 | -19.894 % | £-26,259 | £105,740 |
3 Month Average | -8.362 % | £-11,037 | £120,962 |
6 Month Average | 6.144 % | £8,110 | £140,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £280,303 | £275,000 | 38 GLENMERE |
30 Jan 2023 | £302,344 | £305,000 | 1 DENEWAY |
18 Aug 2022 | £329,772 | £332,000 | 64 HOLLANDS WALK |
27 May 2022 | £263,923 | £260,000 | 5 GLENMERE |
4 Jan 2022 | £309,207 | £295,000 | 70 HOLLANDS WALK |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 11 Nov 2014. Using an estimated price of £162,408 means this house is valued at £3,609 per sq meter (£335 per sq foot).
The average size of a house on HOLLANDS WALK is 63 sq meters (684 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Hollands Walk |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brickfield Close |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmere |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmere |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |