£164,388
This estimated value is based upon the latest sale price for the house of £100,000 on 5 Sep 2013. This value is then adjusted by the current Official House Price Index for ESSEX 1
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
| Price Paid | Date |
|---|---|
| £100,000 | 5 Sep 2013 |
| £112,000 | 11 Jul 2008 |
| £97,000 | 6 May 2005 |
| £32,500 | 25 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2013 the House Price Index for ESSEX was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.388%.Applying this 64.388% change to the original purchase price of £100,000 results in an estimated price of approximately £164,388.
| 5 Sep 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.388 % | £100,000 | £64,388 | £164,388 |
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 | 0.496 % | £495 | £100,495 |
| 3 Month Average | 66.175 % | £66,174 | £166,174 |
| 6 Month Average | 69.416 % | £69,415 | £169,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £329,884 | £325,000 | 50 GOBIONS |
| 29 Sep 2023 | £303,885 | £300,000 | 34 CHERRYDOWN WEST |
| 22 Sep 2023 | £364,663 | £360,000 | 47 FAUNERS |
| 14 Aug 2023 | £277,427 | £275,000 | 114 GOBIONS |
| 21 Apr 2023 | £288,102 | £285,000 | 27 GOBIONS |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 4 Apr 2012. Using an estimated price of £164,388 means this house is valued at £3,223 per sq meter (£299 per sq foot).
The average size of a house on GOBIONS is 81 sq meters (874 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherrydown West |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cherrydown West |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherrydown West |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cherrydown West |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrydown West |