£312,174
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Nov 2016. This value is then adjusted by the current Official House Price Index for ESSEX 1
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28 Southernhay, Basildon, SS14 1EL
Phone: 01268661439
| Price Paid | Date |
|---|---|
| £240,000 | 24 Nov 2016 |
| £170,000 | 12 Dec 2014 |
| £139,000 | 12 Dec 2008 |
| £37,000 | 17 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 November 2016 the House Price Index for ESSEX was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £240,000 results in an estimated price of approximately £312,174.
| 24 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £240,000 | £72,174 | £312,174 |
The Postcode Pricing Model uses changes in average sales price within the SS14 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 | 17.590 % | £42,216 | £282,216 |
| 3 Month Average | 76.085 % | £182,604 | £422,604 |
| 6 Month Average | 43.080 % | £103,392 | £343,392 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Jul 2014.
The average size of a house on FALKENHAM PATH is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falkenham Row |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broad Green |
| Mar 2024 | Other theft | Under investigation | On or near Falkenham End |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Falkenham End |
| Dec 2023 | Anti-social behaviour | On or near Falkenham End |