£333,413
This estimated value is based upon the latest sale price for the house of £270,000 on 14 Sep 2018. 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 |
|---|---|
| £270,000 | 14 Sep 2018 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2018 the House Price Index for ESSEX was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £270,000 results in an estimated price of approximately £333,413.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £270,000 | £63,413 | £333,413 |
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 | -48.139 % | £-129,974 | £140,025 |
| 3 Month Average | 6.183 % | £16,693 | £286,693 |
| 6 Month Average | -4.895 % | £-13,215 | £256,784 |
| 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 |
| 6 Jul 2023 | £364,911 | £360,000 | 104 GOBIONS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Nov 2017. Using an estimated price of £333,414 means this house is valued at £4,274 per sq meter (£397 per sq foot).
The average size of a house on GOBIONS is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gobions |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gobions |
| 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 |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cherrydown West |