£229,776
This estimated value is based upon the latest sale price for the house of £165,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £165,000 | 6 Nov 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 November 2015 the House Price Index for SOUTHEND-ON-SEA was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £165,000 results in an estimated price of approximately £229,776.
| 6 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £165,000 | £64,776 | £229,776 |
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 | 41.993 % | £69,287 | £234,287 |
| 3 Month Average | 44.973 % | £74,205 | £239,205 |
| 6 Month Average | 33.190 % | £54,763 | £219,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £233,138 | £230,000 | FLAT 6 REGENTS COURT, 151 ALEXANDRA ROAD |
| 19 Aug 2022 | £593,403 | £595,000 | 9 AVENUE ROAD |
| 19 Aug 2022 | £249,329 | £250,000 | FLAT 14 REGENTS COURT, 151 ALEXANDRA ROAD |
| 27 Jun 2022 | £296,186 | £292,000 | 116 CAMBRIDGE ROAD |
| 25 May 2022 | £214,033 | £210,000 | FLAT F 5 AVENUE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 6 Dec 2021. Using an estimated price of £229,776 means this house is valued at £2,735 per sq meter (£254 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilson Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilson Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wilson Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Wilson Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wilson Road |