£161,803
This estimated value is based upon the latest sale price for the house of £115,000 on 9 Oct 2015. 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 |
|---|---|
| £115,000 | 9 Oct 2015 |
| £96,000 | 26 Jan 2007 |
| 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 October 2015 the House Price Index for ESSEX was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £115,000 results in an estimated price of approximately £161,803.
| 9 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £115,000 | £46,803 | £161,803 |
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 | -15.384 % | £-17,691 | £97,308 |
| 3 Month Average | 43.239 % | £49,724 | £164,724 |
| 6 Month Average | 50.111 % | £57,628 | £172,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £303,570 | £305,000 | 1 DENEWAY |
| 18 Aug 2022 | £331,109 | £332,000 | 64 HOLLANDS WALK |
| 27 May 2022 | £264,993 | £260,000 | 5 GLENMERE |
| 4 Jan 2022 | £310,460 | £295,000 | 70 HOLLANDS WALK |
| 23 Dec 2021 | £171,420 | £160,000 | 24 HOLLANDS WALK |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 6 Sep 2016. Using an estimated price of £161,804 means this house is valued at £3,595 per sq meter (£334 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 |
| Dec 2023 | Anti-social behaviour | On or near Hollands Walk | |
| Dec 2023 | Anti-social behaviour | On or near Hollands Walk | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Hollands Walk |
| Dec 2023 | Anti-social behaviour | On or near Hollands Walk |