£347,799
This estimated value is based upon the latest sale price for the house of £193,000 on 23 Dec 2005. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £193,000 | 23 Dec 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 December 2005 the House Price Index for SOUTHEND-ON-SEA was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £193,000 results in an estimated price of approximately £347,799.
| 23 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £193,000 | £154,799 | £347,799 |
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 | 49.768 % | £96,051 | £289,051 |
| 3 Month Average | 70.090 % | £135,274 | £328,274 |
| 6 Month Average | 67.516 % | £130,305 | £323,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £233,898 | £235,000 | 78 RETORT CLOSE |
| 5 Jan 2023 | £218,969 | £220,000 | 28 RETORT CLOSE |
| 24 Nov 2022 | £221,319 | £224,000 | 13 RETORT CLOSE |
| 30 Sep 2022 | £178,558 | £180,000 | 41 RETORT CLOSE |
| 12 Aug 2022 | £234,369 | £235,000 | 10 RETORT CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 17 Jul 2012. Using an estimated price of £347,799 means this house is valued at £5,040 per sq meter (£468 per sq foot).
The average size of a house on RETORT CLOSE is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Retort Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Retort Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Retort Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Retort Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Retort Close |