£349,959
This estimated value is based upon the latest sale price for the house of £221,000 on 19 Feb 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£221,000 | 19 Feb 2014 |
£66,250 | 23 May 1997 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 February 2014 the House Price Index for SOUTHEND-ON-SEA was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £221,000 results in an estimated price of approximately £349,959.
19 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.8 | 148.6 | 58.353 % | £221,000 | £128,959 | £349,959 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 41.371 % | £91,429 | £312,429 |
3 Month Average | 33.158 % | £73,279 | £294,279 |
6 Month Average | 46.883 % | £103,612 | £324,612 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Aug 2023 | £307,692 | £305,000 | 614 PRINCE AVENUE |
16 Jun 2023 | £323,924 | £320,000 | 7 KENT ELMS CLOSE |
17 Feb 2023 | £187,474 | £187,600 | 17 DUNSTER AVENUE |
30 May 2022 | £315,953 | £310,000 | 602 PRINCE AVENUE |
26 Apr 2022 | £344,983 | £335,000 | 118 SNAKES LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 29 Jul 2013. Using an estimated price of £349,959 means this house is valued at £3,571 per sq meter (£331 per sq foot).
The average size of a house on LYMPSTONE CLOSE is 108 sq meters (1,170 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lympstone Close |
Dec 2023 | Criminal damage and arson | Under investigation | On or near Lympstone Close |
Dec 2023 | Other theft | Awaiting court outcome | On or near Lympstone Close |
Dec 2023 | Drugs | Awaiting court outcome | On or near Lympstone Close |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Snakes Lane |