£251,649
This estimated value is based upon the latest sale price for the house of £65,000 on 24 Mar 2000. This value is then adjusted by the current Official House Price Index for ESSEX 1
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Unit 1, Office 4 Capricorn House, Basildon, SS14 3JJ
Phone: 01268987780
| Price Paid | Date |
|---|---|
| £65,000 | 24 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 2000 the House Price Index for ESSEX was 38.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 287.153%.Applying this 287.153% change to the original purchase price of £65,000 results in an estimated price of approximately £251,649.
| 24 Mar 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 38.4 | 148.6 | 287.153 % | £65,000 | £186,649 | £251,649 |
The Postcode Pricing Model uses changes in average sales price within the SS8 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 | 298.510 % | £194,031 | £259,031 |
| 3 Month Average | 303.317 % | £197,156 | £262,156 |
| 6 Month Average | 325.927 % | £211,852 | £276,852 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £268,615 | £265,000 | 12 FIRST AVENUE |
| 14 Jul 2023 | £314,229 | £310,000 | 3 THE WEALD |
| 21 Jun 2023 | £209,538 | £207,000 | 10 SECOND AVENUE |
| 27 Feb 2023 | £194,869 | £195,000 | 45 SECOND AVENUE |
| 23 Nov 2022 | £271,709 | £275,000 | 50 SECOND AVENUE |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 30 Apr 2011. Using an estimated price of £251,650 means this house is valued at £3,294 per sq meter (£306 per sq foot).
The average size of a house on LINK ROAD is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Weald |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Weald |