£1,093,289
This estimated value is based upon the latest sale price for the house of £885,000 on 7 Jan 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Percy Road
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| Price Paid | Date |
|---|---|
| £885,000 | 7 Jan 2019 |
| £420,000 | 16 Feb 2015 |
| £219,995 | 12 Nov 2002 |
| £72,000 | 24 May 1996 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 January 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £885,000 results in an estimated price of approximately £1,093,289.
| 7 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £885,000 | £208,289 | £1,093,289 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 21.227 % | £187,855 | £1,072,855 |
| 3 Month Average | 4.867 % | £43,070 | £928,070 |
| 6 Month Average | 17.802 % | £157,546 | £1,042,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £395,861 | £390,000 | 48 SALISBURY ROAD |
| 6 Apr 2023 | £288,102 | £285,000 | FLAT 2 SALISBURY MANOR, 91 SALISBURY ROAD |
| 23 May 2022 | £308,309 | £302,500 | FLAT 3 SALISBURY MANOR, 91 SALISBURY ROAD |
| 12 May 2022 | £346,529 | £340,000 | 3 WIRRELL COURT SALISBURY ROAD |
| 5 Apr 2022 | £216,258 | £210,000 | 19A WESTCLIFF DRIVE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 30 Aug 2018. Using an estimated price of £1,093,289 means this house is valued at £7,288 per sq meter (£677 per sq foot).
The average size of a house on SALISBURY ROAD is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Percy Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Percy Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Percy Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Percy Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Percy Road |