£1,840,146
This estimated value is based upon the latest sale price for the house of £1,500,000 on 2 Dec 2019. 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 |
|---|---|
| £1,500,000 | 2 Dec 2019 |
| Freehold |
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 2019 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £1,500,000 results in an estimated price of approximately £1,840,146.
| 2 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £1,500,000 | £340,146 | £1,840,146 |
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 | -27.203 % | £-408,049 | £1,091,950 |
| 3 Month Average | -1.031 % | £-15,469 | £1,484,530 |
| 6 Month Average | 1.503 % | £22,547 | £1,522,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £200,564 | £198,000 | 20 MOSS CLOSE |
| 18 Jul 2022 | £335,904 | £335,000 | 8 PAYNTERS MEAD |
| 10 Mar 2022 | £321,241 | £310,000 | 75 DOWNS GROVE |
| 4 Feb 2022 | £296,781 | £283,000 | 39 DOWNS GROVE |
| 14 Jan 2022 | £368,343 | £350,000 | 11 PAYNTERS MEAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Marsh View Court |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Marsh View Court |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Marsh View Court |
| Feb 2024 | Shoplifting | Local resolution | On or near Marsh View Court |
| Feb 2024 | Possession of weapons | Local resolution | On or near Marsh View Court |