£346,270
This estimated value is based upon the latest sale price for the house of £280,000 on 29 Apr 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £280,000 | 29 Apr 2019 |
| £265,000 | 13 Apr 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 559 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 April 2019 the House Price Index for SOUTHEND-ON-SEA was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £280,000 results in an estimated price of approximately £346,270.
| 29 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £280,000 | £66,270 | £346,270 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 42.543 % | £119,121 | £399,121 |
| 3 Month Average | 8.078 % | £22,618 | £302,618 |
| 6 Month Average | -0.334 % | £-935 | £279,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £287,515 | £285,000 | 2A CAPEL TERRACE |
| 11 Aug 2023 | £438,839 | £435,000 | 10 CLIFFTOWN PARADE |
| 5 Jul 2023 | £506,821 | £500,000 | 44 ALEXANDRA STREET |
| 28 Apr 2023 | £227,449 | £225,000 | 2B CAPEL TERRACE |
| 20 Mar 2023 | £454,280 | £450,000 | 6 CLIFTON TERRACE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 26 Sep 2016. Using an estimated price of £346,270 means this house is valued at £6,659 per sq meter (£618 per sq foot).
There is one other house on the street which we know the size of, this is 4 CLIFTON MEWS it is 54.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devereux Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Devereux Road |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Clifton Terrace |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Clifton Terrace |
| Feb 2024 | Other crime | Under investigation | On or near Clifton Terrace |