£125,774
This estimated value is based upon the latest sale price for the house of £44,000 on 13 Jun 2002. 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 |
|---|---|
| £44,000 | 13 Jun 2002 |
| Flats/Maisonettes |
| Leasehold |
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 June 2002 the House Price Index for ESSEX was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £44,000 results in an estimated price of approximately £125,774.
| 13 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £44,000 | £81,774 | £125,774 |
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 | 63.378 % | £27,886 | £71,886 |
| 3 Month Average | 189.249 % | £83,269 | £127,269 |
| 6 Month Average | 198.644 % | £87,403 | £131,403 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goldings Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Creek View |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Creek View |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Creek View |