£317,302
This estimated value is based upon the latest sale price for the house of £262,000 on 20 Dec 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £262,000 | 20 Dec 2019 |
| £227,000 | 5 Nov 2015 |
| £175,000 | 2 Aug 2004 |
| £52,000 | 16 Oct 1998 |
| £52,500 | 23 Jan 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.108%.Applying this 21.108% change to the original purchase price of £262,000 results in an estimated price of approximately £317,302.
| 20 Dec 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 146.7 | 21.108 % | £262,000 | £55,302 | £317,302 |
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 | -34.294 % | £-89,849 | £172,150 |
| 3 Month Average | 15.041 % | £39,407 | £301,407 |
| 6 Month Average | 12.354 % | £32,367 | £294,367 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Jul 2015.
The average size of a house on GLOUCESTER TERRACE is 145 sq meters (1,563 sq feet).
This house is the smallest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burges Terrace |
| Dec 2023 | Drugs | Local resolution | On or near Burges Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1016 |
| Mar 2024 | Other theft | Under investigation | On or near B1016 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1016 |