£272,844
This estimated value is based upon the latest sale price for the house of £165,000 on 7 Aug 2013. 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 | 7 Aug 2013 |
| £145,000 | 28 Jan 2005 |
| £70,000 | 31 Aug 2000 |
| £61,500 | 26 Feb 1999 |
| £53,500 | 7 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 August 2013 the House Price Index for SOUTHEND-ON-SEA was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £165,000 results in an estimated price of approximately £272,844.
| 7 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £165,000 | £107,844 | £272,844 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 54.684 % | £90,228 | £255,228 |
| 3 Month Average | 37.016 % | £61,075 | £226,075 |
| 6 Month Average | 52.680 % | £86,921 | £251,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £356,782 | £351,500 | 129 HAINAULT AVENUE |
| 25 Jul 2023 | £339,570 | £335,000 | 134 BRIGHTWELL AVENUE |
| 20 Jul 2023 | £324,366 | £320,000 | 156 BRIGHTWELL AVENUE |
| 7 Jul 2023 | £329,434 | £325,000 | 173 HAINAULT AVENUE |
| 14 Feb 2023 | £269,818 | £270,000 | 129 BRIGHTWELL AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 16 Jan 2013. Using an estimated price of £272,844 means this house is valued at £2,965 per sq meter (£275 per sq foot).
The average size of a house on BRIGHTWELL AVENUE is 83 sq meters (893 sq feet).