£226,827
This estimated value is based upon the latest sale price for the house of £175,000 on 31 Mar 2017. 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 |
|---|---|
| £175,000 | 31 Mar 2017 |
| £136,995 | 23 Mar 2007 |
| £87,500 | 5 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2017 the House Price Index for ESSEX was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £175,000 results in an estimated price of approximately £226,827.
| 31 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £175,000 | £51,827 | £226,827 |
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 | -26.037 % | £-45,565 | £129,434 |
| 3 Month Average | 29.088 % | £50,903 | £225,903 |
| 6 Month Average | 29.281 % | £51,241 | £226,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £494,660 | £490,000 | 15 SEAVIEW AVENUE |
| 30 Jan 2023 | £303,570 | £305,000 | 1 DENEWAY |
| 30 May 2022 | £341,433 | £335,000 | 27 GLENMERE |
| 27 May 2022 | £264,993 | £260,000 | 5 GLENMERE |
| 14 Apr 2022 | £360,430 | £350,000 | 1 BARNARD CLOSE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 8 Apr 2015. Using an estimated price of £226,828 means this house is valued at £2,668 per sq meter (£247 per sq foot).
The average size of a house on GLENMERE is 109 sq meters (1,177 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenmere |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenmere |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Glenmere |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenmere |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Glenmere |