£302,854
This estimated value is based upon the latest sale price for the house of £207,500 on 15 May 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £207,500 | 15 May 2015 |
| £70,500 | 18 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2015 the House Price Index for SOUTHEND-ON-SEA was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £207,500 results in an estimated price of approximately £302,854.
| 15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £207,500 | £95,354 | £302,854 |
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 | 19.970 % | £41,437 | £248,937 |
| 3 Month Average | 30.910 % | £64,138 | £271,638 |
| 6 Month Average | 29.213 % | £60,616 | £268,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £207,655 | £205,000 | FLAT 8 ALEXANDRA HOUSE, 10 ALEXANDRA STREET |
| 5 Apr 2023 | £181,959 | £180,000 | FLAT 2 ALEXANDRA HOUSE, 10 ALEXANDRA STREET |
| 28 Oct 2022 | £181,051 | £183,000 | FLAT 3 ALEXANDRA HOUSE, 10 ALEXANDRA STREET |
| 6 Oct 2022 | £200,343 | £202,500 | FLAT 4 ALEXANDRA HOUSE, 10 ALEXANDRA STREET |
| 5 Oct 2022 | £204,795 | £207,000 | FLAT 7 ALEXANDRA HOUSE, 10 ALEXANDRA STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Aug 2013. Using an estimated price of £302,855 means this house is valued at £4,038 per sq meter (£375 per sq foot).
The average size of a house on ROYAL MEWS is 67 sq meters (729 sq feet).