£743,390
This estimated value is based upon the latest sale price for the house of £157,000 on 1 Apr 1998. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £157,000 | 1 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 1998 the House Price Index for SOUTHEND-ON-SEA was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £157,000 results in an estimated price of approximately £743,390.
| 1 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £157,000 | £586,390 | £743,390 |
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 | 394.333 % | £619,102 | £776,102 |
| 3 Month Average | 398.054 % | £624,944 | £781,944 |
| 6 Month Average | 377.011 % | £591,907 | £748,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £741,487 | £735,000 | 10 LADRAM WAY |
| 20 Jul 2023 | £932,551 | £920,000 | 128 BURLESCOOMBE ROAD |
| 13 Jul 2022 | £691,862 | £690,000 | 25 LADRAM ROAD |
| 31 May 2022 | £540,688 | £530,500 | 114 BARNSTAPLE ROAD |
| 24 May 2022 | £243,590 | £239,000 | FLAT 31 BURGES COURT STATION ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 1 Jul 2016. Using an estimated price of £743,390 means this house is valued at £5,162 per sq meter (£479 per sq foot).
The average size of a house on LADRAM WAY is 137 sq meters (1,478 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Samuels Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Barnstaple Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnstaple Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Barnstaple Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |