£304,928
This estimated value is based upon the latest sale price for the house of £250,000 on 10 Jan 2020. 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 |
|---|---|
| £250,000 | 10 Jan 2020 |
| £239,500 | 23 Jun 2016 |
| £137,500 | 24 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 January 2020 the House Price Index for ESSEX was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £250,000 results in an estimated price of approximately £304,928.
| 10 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £250,000 | £54,928 | £304,928 |
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 | -40.057 % | £-100,143 | £149,856 |
| 3 Month Average | -5.792 % | £-14,479 | £235,520 |
| 6 Month Average | -2.528 % | £-6,320 | £243,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £329,778 | £330,000 | 26 MERRICKS LANE |
| 26 Aug 2022 | £279,248 | £280,000 | 48 MERRICKS LANE |
| 14 Apr 2022 | £360,430 | £350,000 | 1 BARNARD CLOSE |
| 4 Feb 2022 | £296,781 | £283,000 | 39 DOWNS GROVE |
| 26 Nov 2021 | £300,661 | £278,000 | 35 DOWNS GROVE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Nov 2019. Using an estimated price of £304,929 means this house is valued at £3,587 per sq meter (£333 per sq foot).
The average size of a house on THE SLADES is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Slades |
| Feb 2024 | Anti-social behaviour | On or near The Slades | |
| Feb 2024 | Anti-social behaviour | On or near The Slades | |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Slades |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Slades |