£164,710
This estimated value is based upon the latest sale price for the house of £128,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Polsteads
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106 Whitmore Way, Basildon, SS14 3JT
Phone: 01268810664
| Price Paid | Date |
|---|---|
| £128,000 | 26 May 2017 |
| £67,000 | 16 Dec 2011 |
| £64,000 | 30 Jan 2004 |
| £23,000 | 20 Nov 1998 |
| £14,250 | 14 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 520 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 May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £128,000 results in an estimated price of approximately £164,710.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £128,000 | £36,710 | £164,710 |
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 | -43.020 % | £-55,065 | £72,934 |
| 3 Month Average | 19.857 % | £25,416 | £153,416 |
| 6 Month Average | 28.342 % | £36,277 | £164,277 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £258,832 | £255,000 | 8 POLSTEADS |
| 4 Aug 2023 | £292,559 | £290,000 | 42 POLSTEADS |
| 26 Jun 2023 | £253,065 | £250,000 | 148 SWANSTEAD |
| 20 Mar 2023 | £272,568 | £270,000 | 48 POLSTEADS |
| 17 Mar 2023 | £242,283 | £240,000 | 141 SWANSTEAD |
This house has a floor area of 48 sq meters or 520 sq feet when measured on 27 Apr 2011. Using an estimated price of £164,711 means this house is valued at £3,403 per sq meter (£316 per sq foot).
The average size of a house on POLSTEADS is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Polsteads |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Polsteads |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Polsteads |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Polsteads |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Polsteads |