£197,607
This estimated value is based upon the latest sale price for the house of £155,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £155,000 | 14 Jul 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 July 2017 the House Price Index for SOUTHEND-ON-SEA was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £155,000 results in an estimated price of approximately £197,607.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £155,000 | £42,607 | £197,607 |
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 | -22.365 % | £-34,666 | £120,333 |
| 3 Month Average | 5.660 % | £8,773 | £163,773 |
| 6 Month Average | 13.071 % | £20,260 | £175,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £512,589 | £505,000 | 4 PARK TERRACE |
| 6 Jul 2023 | £390,252 | £385,000 | EDITHVILLE PARK TERRACE |
| 22 Jun 2023 | £885,729 | £875,000 | 15 PARK ROAD |
| 17 Mar 2023 | £837,894 | £830,000 | 42 PARK ROAD |
| 6 Jan 2023 | £512,585 | £515,000 | 24 PARK TERRACE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 20 Feb 2017. Using an estimated price of £197,608 means this house is valued at £4,704 per sq meter (£437 per sq foot).
The average size of a house on PARKGATE is 60 sq meters (655 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Park Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Terrace |
| Mar 2024 | Anti-social behaviour | On or near Park Terrace |