£633,144
This estimated value is based upon the latest sale price for the house of £450,000 on 23 Oct 2015. This value is then adjusted by the current Official House Price Index for ESSEX 1
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
| Price Paid | Date |
|---|---|
| £450,000 | 23 Oct 2015 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 £450,000 results in an estimated price of approximately £633,144.
| 23 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £450,000 | £183,144 | £633,144 |
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 % | £-69,226 | £380,773 |
| 3 Month Average | 43.239 % | £194,574 | £644,574 |
| 6 Month Average | 50.111 % | £225,501 | £675,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £564,214 | £557,000 | 34 FURROWFELDE |
| 14 Apr 2023 | £682,347 | £675,000 | 14 LINGCROFT |
| 24 Feb 2023 | £427,213 | £427,500 | 131 SPARROWS HERNE |
| 27 Jan 2023 | £691,741 | £695,000 | 30 FURROWFELDE |
| 20 Jul 2022 | £461,242 | £460,000 | 2 TOUCAN WAY |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 11 Jun 2015. Using an estimated price of £633,144 means this house is valued at £4,946 per sq meter (£459 per sq foot).
The average size of a house on FURROWFELDE is 153 sq meters (1,656 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furrowfelde |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Furrowfelde |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Furrowfelde |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Linnets |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Linnets |