£184,338
This estimated value is based upon the latest sale price for the house of £107,500 on 30 Jul 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £107,500 | 30 Jul 2012 |
| £95,000 | 11 Nov 2005 |
| £116,000 | 2 Aug 2004 |
| £116,000 | 2 Aug 2004 |
| £29,000 | 11 Apr 1996 |
| £1,750 | 20 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 sq feet |
This model uses changes in the Official Land Registry House Price Index for SOUTHEND-ON-SEA to estimate the market value.
When this house was purchased in July 2012 the House Price Index for SOUTHEND-ON-SEA was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £107,500 results in an estimated price of approximately £184,338.
| 30 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £107,500 | £76,838 | £184,338 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 94.018 % | £101,069 | £208,569 |
| 3 Month Average | 86.085 % | £92,541 | £200,041 |
| 6 Month Average | 70.425 % | £75,706 | £183,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £200,000 | £200,000 | FLAT 1 25 CENTRAL AVENUE |
| 24 Nov 2023 | £277,032 | £270,000 | 30A NORTH AVENUE |
| 18 Sep 2023 | £307,785 | £301,000 | 24 NORTH AVENUE |
| 18 Aug 2023 | £347,772 | £341,500 | 78 CENTRAL AVENUE |
| 30 Jun 2023 | £326,544 | £320,000 | 70 NORTH AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Aug 2018. Using an estimated price of £184,339 means this house is valued at £2,926 per sq meter (£271 per sq foot).
The average size of a house on CENTRAL AVENUE is 80 sq meters (864 sq feet).