£353,602
This estimated value is based upon the latest sale price for the house of £305,000 on 27 Nov 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 |
|---|---|
| £305,000 | 27 Nov 2020 |
| £203,000 | 3 Mar 2015 |
| Semi-Detached |
| 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 November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £305,000 results in an estimated price of approximately £353,602.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £305,000 | £48,602 | £353,602 |
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 | -43.855 % | £-133,757 | £171,242 |
| 3 Month Average | -7.822 % | £-23,856 | £281,143 |
| 6 Month Average | -5.113 % | £-15,595 | £289,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £350,184 | £345,000 | 1 KINGSWOOD ROAD |
| 1 Nov 2023 | £385,710 | £380,000 | 10 COLNE PLACE |
| 22 Sep 2023 | £390,999 | £386,000 | 29 COLNE PLACE |
| 21 Aug 2023 | £398,486 | £395,000 | 27 COLNE PLACE |
| 6 Feb 2023 | £251,831 | £252,000 | 14 MISTLEY END |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 30 Oct 2014. Using an estimated price of £353,603 means this house is valued at £3,761 per sq meter (£349 per sq foot).
The average size of a house on SPAINS HALL PLACE is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Spains Hall Place | |
| Feb 2024 | Anti-social behaviour | On or near Spains Hall Place | |
| Mar 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road |