£322,078
This estimated value is based upon the latest sale price for the house of £262,500 on 20 Sep 2019. 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 |
|---|---|
| £262,500 | 20 Sep 2019 |
| £49,750 | 26 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £262,500 results in an estimated price of approximately £322,078.
| 20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £262,500 | £59,578 | £322,078 |
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 | -42.955 % | £-112,756 | £149,743 |
| 3 Month Average | -1.539 % | £-4,039 | £258,460 |
| 6 Month Average | -1.847 % | £-4,848 | £257,651 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £350,184 | £345,000 | 1 KINGSWOOD ROAD |
| 1 Nov 2023 | £385,710 | £380,000 | 10 COLNE PLACE |
| 22 Sep 2023 | £390,999 | £386,000 | 29 COLNE PLACE |
| 1 Jun 2023 | £253,065 | £250,000 | 15 WICKHAM PLACE |
| 12 Sep 2022 | £313,469 | £316,000 | 32 WICKHAM PLACE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 15 Nov 2018. Using an estimated price of £322,078 means this house is valued at £3,157 per sq meter (£293 per sq foot).
The average size of a house on KINGSWOOD ROAD is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Wickham Place | |
| Mar 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Jan 2024 | Burglary | Under investigation | On or near Kingswood Road |