£308,066
This estimated value is based upon the latest sale price for the house of £250,000 on 16 Nov 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 |
|---|---|
| £250,000 | 16 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2018 the House Price Index for ESSEX was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £250,000 results in an estimated price of approximately £308,066.
| 16 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £250,000 | £58,066 | £308,066 |
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 | -38.589 % | £-96,471 | £153,528 |
| 3 Month Average | 4.260 % | £10,650 | £260,650 |
| 6 Month Average | 2.949 % | £7,372 | £257,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £322,405 | £318,500 | 12 WALDEGRAVE |
| 14 Feb 2023 | £326,780 | £327,000 | 18 WALDEGRAVE |
| 1 Jun 2022 | £322,558 | £318,000 | 16 WALDEGRAVE |
| 10 Mar 2022 | £450,774 | £435,000 | 29 CLAY HILL ROAD |
| 3 Mar 2022 | £134,714 | £130,000 | 143 CHERRYDOWN EAST |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Jul 2018. Using an estimated price of £308,066 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on CLAY HILL ROAD is 83 sq meters (899 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Parking Area |