£271,533
This estimated value is based upon the latest sale price for the house of £170,000 on 24 Jan 2014. 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 |
|---|---|
| £170,000 | 24 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2014 the House Price Index for ESSEX was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £170,000 results in an estimated price of approximately £271,533.
| 24 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £170,000 | £101,533 | £271,533 |
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 | 4.977 % | £8,461 | £178,461 |
| 3 Month Average | 67.011 % | £113,918 | £283,918 |
| 6 Month Average | 71.747 % | £121,970 | £291,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £150,000 | £150,000 | 477 CHERRYDOWN EAST |
| 29 Sep 2023 | £303,885 | £300,000 | 34 CHERRYDOWN WEST |
| 22 Sep 2023 | £319,080 | £315,000 | 32 TAKELY RIDE |
| 30 Nov 2022 | £321,110 | £325,000 | 8 TAKELY RIDE |
| 25 Mar 2022 | £352,329 | £340,000 | 54 TAKELY RIDE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Mar 2016. Using an estimated price of £271,533 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on TAKELY END is 101 sq meters (1,089 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Takely End |
| Mar 2024 | Other crime | Under investigation | On or near Takely End |
| Mar 2024 | Other crime | Under investigation | On or near Takely End |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Takely End |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Takely End |