£333,426
This estimated value is based upon the latest sale price for the house of £251,000 on 20 Sep 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £251,000 | 20 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 September 2016 the House Price Index for SOUTHEND-ON-SEA was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £251,000 results in an estimated price of approximately £333,426.
| 20 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £251,000 | £82,426 | £333,426 |
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 | -18.470 % | £-46,358 | £204,641 |
| 3 Month Average | 19.442 % | £48,798 | £299,798 |
| 6 Month Average | 18.830 % | £47,262 | £298,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £255,279 | £251,500 | 107B SOUTHCHURCH AVENUE |
| 8 Nov 2023 | £170,525 | £168,000 | 114 SOUTHCHURCH AVENUE |
| 31 Jan 2023 | £338,406 | £340,000 | 82 SOUTHCHURCH AVENUE |
| 6 Sep 2022 | £218,238 | £220,000 | 80 SOUTHCHURCH AVENUE |
| 14 Jun 2022 | £355,017 | £350,000 | 48 HONITON ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 26 Feb 2013. Using an estimated price of £333,426 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on SOUTHCHURCH AVENUE is 64 sq meters (698 sq feet).