£249,649
This estimated value is based upon the latest sale price for the house of £51,000 on 19 Dec 1997. 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 Eastley
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44 Southernhay, Basildon, SS14 1ET
Phone: 01268810663
| Price Paid | Date |
|---|---|
| £51,000 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 707 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 December 1997 the House Price Index for ESSEX was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £51,000 results in an estimated price of approximately £249,649.
| 19 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £51,000 | £198,649 | £249,649 |
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 | 189.526 % | £96,658 | £147,658 |
| 3 Month Average | 407.624 % | £207,888 | £258,888 |
| 6 Month Average | 388.808 % | £198,291 | £249,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £272,027 | £268,000 | 34 GREAT GREGORIE |
| 31 Aug 2023 | £358,133 | £355,000 | 76 GREAT GREGORIE |
| 31 Jan 2023 | £353,336 | £355,000 | 6 GREAT GREGORIE |
| 30 Nov 2022 | £296,410 | £300,000 | 19 EASTLEY |
| 31 Jan 2022 | £336,771 | £320,000 | 29 GREAT GREGORIE |
This house has a floor area of 65 sq meters or 707 sq feet when measured on 30 Aug 2011. Using an estimated price of £249,650 means this house is valued at £3,796 per sq meter (£352 per sq foot).
The average size of a house on THE KNARES is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Eastley |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastley |
| Feb 2024 | Public order | Under investigation | On or near Eastley |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eastley |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastley |