£359,979
This estimated value is based upon the latest sale price for the house of £245,000 on 24 Apr 2015. 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 |
|---|---|
| £245,000 | 24 Apr 2015 |
| £182,500 | 16 Mar 2011 |
| £186,500 | 12 May 2006 |
| £170,000 | 8 Aug 2003 |
| £102,995 | 18 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 April 2015 the House Price Index for ESSEX was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £245,000 results in an estimated price of approximately £359,979.
| 24 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £245,000 | £114,979 | £359,979 |
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 | -17.700 % | £-43,364 | £201,635 |
| 3 Month Average | 50.802 % | £124,465 | £369,465 |
| 6 Month Average | 52.558 % | £128,766 | £373,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £350,184 | £345,000 | 1 KINGSWOOD ROAD |
| 6 Jan 2023 | £308,547 | £310,000 | 3 DURRINGTON CLOSE |
| 28 Jul 2022 | £309,834 | £309,000 | 26 GUN HILL PLACE |
| 17 May 2022 | £438,258 | £430,000 | 51 GUN HILL PLACE |
| 31 Mar 2022 | £383,417 | £370,000 | 48 GUN HILL PLACE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 6 May 2010. Using an estimated price of £359,979 means this house is valued at £3,300 per sq meter (£306 per sq foot).
The average size of a house on KINGSWOOD ROAD is 108 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Durrington Close | |
| Feb 2024 | Anti-social behaviour | On or near Durrington Close | |
| Mar 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road | |
| Feb 2024 | Anti-social behaviour | On or near Kingswood Road |