£85,309
This estimated value is based upon the latest sale price for the house of £50,000 on 27 Apr 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £50,000 | 27 Apr 2012 |
| £40,000 | 27 Feb 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 April 2012 the House Price Index for SOUTHEND-ON-SEA was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £50,000 results in an estimated price of approximately £85,309.
| 27 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £50,000 | £35,309 | £85,309 |
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 | 33.789 % | £16,894 | £66,894 |
| 3 Month Average | 65.471 % | £32,735 | £82,735 |
| 6 Month Average | 50.741 % | £25,370 | £75,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £379,857 | £375,000 | 38 KILWORTH AVENUE |
| 26 Jun 2023 | £425,150 | £420,000 | 22A CROMER ROAD |
| 16 Jun 2023 | £172,084 | £170,000 | 20A CROMER ROAD |
| 14 Apr 2023 | £181,959 | £180,000 | 32 KILWORTH AVENUE |
| 1 Mar 2023 | £479,518 | £475,000 | 28 KILWORTH AVENUE |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 30 May 2020. Using an estimated price of £85,310 means this house is valued at £2,585 per sq meter (£240 per sq foot).
The average size of a house on CROMER ROAD is 82 sq meters (886 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cromer Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromer Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cromer Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cromer Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromer Road |