£218,676
This estimated value is based upon the latest sale price for the house of £76,500 on 28 Jun 2002. This value is then adjusted by the current Official House Price Index for ESSEX 1
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106 Whitmore Way, Basildon, SS14 3JT
Phone: 01268810664
Price Paid | Date |
---|---|
£76,500 | 28 Jun 2002 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 941 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 June 2002 the House Price Index for ESSEX was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £76,500 results in an estimated price of approximately £218,676.
28 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 148.6 | 185.852 % | £76,500 | £142,176 | £218,676 |
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 | 112.098 % | £85,754 | £162,254 |
3 Month Average | 165.159 % | £126,346 | £202,846 |
6 Month Average | 201.959 % | £154,498 | £230,998 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £258,832 | £255,000 | 8 POLSTEADS |
4 Aug 2023 | £292,559 | £290,000 | 42 POLSTEADS |
26 Jun 2023 | £253,065 | £250,000 | 148 SWANSTEAD |
7 Jun 2023 | £242,943 | £240,000 | 28 SWANSTEAD |
20 Mar 2023 | £272,568 | £270,000 | 48 POLSTEADS |
This house has a floor area of 87 sq meters or 941 sq feet when measured on 19 Jan 2010. Using an estimated price of £218,677 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on SWANSTEAD is 91 sq meters (989 sq feet).