£255,367
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Sep 2015. 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 |
|---|---|
| £180,000 | 17 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2015 the House Price Index for ESSEX was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £180,000 results in an estimated price of approximately £255,367.
| 17 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £180,000 | £75,367 | £255,367 |
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 | -27.467 % | £-49,441 | £130,558 |
| 3 Month Average | 38.236 % | £68,824 | £248,824 |
| 6 Month Average | 49.031 % | £88,256 | £268,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £200,564 | £198,000 | 20 MOSS CLOSE |
| 16 Aug 2023 | £428,751 | £425,000 | 15A RAMSAY DRIVE |
| 13 Jan 2023 | £323,476 | £325,000 | 2 CREEK VIEW |
| 26 Jul 2022 | £162,437 | £162,000 | 43 GOLDINGS CRESCENT |
| 10 May 2022 | £310,857 | £305,000 | 11 THOROLDS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Jun 2014. Using an estimated price of £255,367 means this house is valued at £3,498 per sq meter (£324 per sq foot).
The average size of a house on MOSS CLOSE is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Moss Drive |
| Mar 2024 | Drugs | Under investigation | On or near Moss Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldings Crescent |