£1,409,267
This estimated value is based upon the latest sale price for the house of £595,000 on 30 May 2003. 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 |
|---|---|
| £595,000 | 30 May 2003 |
| Terraced |
| Freehold |
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 2003 the House Price Index for SOUTHEND-ON-SEA was 62.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 136.852%.Applying this 136.852% change to the original purchase price of £595,000 results in an estimated price of approximately £1,409,267.
| 30 May 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 148.6 | 136.852 % | £595,000 | £814,267 | £1,409,267 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 285.431 % | £1,698,316 | £2,293,316 |
| 3 Month Average | 144.585 % | £860,283 | £1,455,283 |
| 6 Month Average | 162.411 % | £966,342 | £1,561,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £228,070 | £225,000 | FLAT 8 WILLOW COURT, 8 ST GEORGES LANE |
| 21 Feb 2023 | £699,529 | £700,000 | 9 BOUNDARY WAY |
| 8 Feb 2022 | £466,669 | £445,000 | 8 ASHES ROAD |
| 28 Jan 2022 | £242,054 | £230,000 | FLAT 4 WILLOW COURT, 8 ST GEORGES LANE |
| 10 Dec 2021 | £348,198 | £325,000 | 66 CHAPEL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ashes Road | |
| Jan 2024 | Anti-social behaviour | On or near Ashes Road | |
| Jan 2024 | Anti-social behaviour | On or near Ashes Road | |
| Mar 2024 | Anti-social behaviour | On or near Magazine Mews |