£368,698
This estimated value is based upon the latest sale price for the house of £65,000 on 31 Jan 1996. 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 |
|---|---|
| £65,000 | 31 Jan 1996 |
| Detached |
| 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 January 1996 the House Price Index for ESSEX was 26.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 467.228%.Applying this 467.228% change to the original purchase price of £65,000 results in an estimated price of approximately £368,698.
| 31 Jan 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 148.6 | 467.228 % | £65,000 | £303,698 | £368,698 |
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 | 185.511 % | £120,582 | £185,582 |
| 3 Month Average | 396.003 % | £257,401 | £322,401 |
| 6 Month Average | 386.725 % | £251,371 | £316,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £284,208 | £280,000 | 2 KINGS TERRACE |
| 8 Aug 2023 | £592,685 | £587,500 | 7 CURLEW CRESCENT |
| 20 Jul 2022 | £461,242 | £460,000 | 2 TOUCAN WAY |
| 6 May 2022 | £611,523 | £600,000 | 1 PARKSIDE FORT WILLIAM ROAD |
| 6 May 2022 | £733,827 | £720,000 | NEWLYN BELLS HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Bells Hill Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bells Hill Road |
| Mar 2024 | Anti-social behaviour | On or near Leonard Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Leonard Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Leonard Road |