£548,963
This estimated value is based upon the latest sale price for the house of £434,995 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £434,995 | 27 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 October 2017 the House Price Index for SOUTHEND-ON-SEA was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £434,995 results in an estimated price of approximately £548,963.
| 27 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £434,995 | £113,968 | £548,963 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 42.291 % | £183,964 | £618,959 |
| 3 Month Average | 1.361 % | £5,919 | £440,914 |
| 6 Month Average | 10.371 % | £45,113 | £480,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £428,751 | £425,000 | 4 KIRKHAM ROAD |
| 3 Jul 2023 | £395,321 | £390,000 | 3 BRITANNIA CLOSE |
| 3 Feb 2023 | £259,825 | £260,000 | 1 MARINER HOUSE COLE AVENUE |
| 23 Jun 2022 | £405,734 | £400,000 | 5 KIRKHAM ROAD |
| 20 Dec 2021 | £403,909 | £377,000 | 20 COLE AVENUE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 15 Sep 2017. Using an estimated price of £548,964 means this house is valued at £4,190 per sq meter (£389 per sq foot).
The average size of a house on CONCORDE ROAD is 117 sq meters (1,263 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gannet Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gannet Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gannet Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gannet Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Britannia Close |