£580,817
This estimated value is based upon the latest sale price for the house of £430,000 on 29 Mar 2016. 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 |
|---|---|
| £430,000 | 29 Mar 2016 |
| £129,500 | 1 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 2016 the House Price Index for ESSEX was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £430,000 results in an estimated price of approximately £580,817.
| 29 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £430,000 | £150,817 | £580,817 |
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 | -27.180 % | £-116,871 | £313,128 |
| 3 Month Average | 23.247 % | £99,960 | £529,960 |
| 6 Month Average | 36.206 % | £155,686 | £585,686 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £437,658 | £430,000 | 234 CLAY HILL ROAD |
| 12 Sep 2023 | £319,080 | £315,000 | 2 MAPLEFORD SWEEP |
| 1 Sep 2023 | £334,274 | £330,000 | 4 MAPLEFORD SWEEP |
| 31 Mar 2023 | £358,376 | £355,000 | 85 GREAT MISTLEY |
| 20 Mar 2023 | £434,090 | £430,000 | 6A FURLONGS |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 10 Oct 2015. Using an estimated price of £580,817 means this house is valued at £4,239 per sq meter (£393 per sq foot).
The average size of a house on THE KNOWLE is 178 sq meters (1,924 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Leys |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near The Leys |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near The Leys |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Leys |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Leys |