£555,310
This estimated value is based upon the latest sale price for the house of £410,000 on 11 Apr 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 |
---|---|
£410,000 | 11 Apr 2016 |
£72,500 | 28 Jul 1995 |
Detached |
Leasehold |
Floor Area: 73 sq meters or 785 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 2016 the House Price Index for SOUTHEND-ON-SEA was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £410,000 results in an estimated price of approximately £555,310.
11 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £410,000 | £145,310 | £555,310 |
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 | 17.142 % | £70,280 | £480,280 |
3 Month Average | 23.277 % | £95,435 | £505,435 |
6 Month Average | 23.974 % | £98,294 | £508,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Jun 2023 | £404,905 | £400,000 | 171 MAPLIN WAY |
12 Apr 2023 | £554,976 | £549,000 | 118 MAPLIN WAY |
12 Jan 2023 | £425,993 | £428,000 | 120 MAPLIN WAY |
21 Jul 2022 | £483,301 | £482,000 | 139 MAPLIN WAY |
29 Jun 2022 | £568,027 | £560,000 | 114 MAPLIN WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Jan 2016. Using an estimated price of £555,310 means this house is valued at £7,606 per sq meter (£706 per sq foot).
The average size of a house on FERMOY ROAD is 164 sq meters (1,768 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fermoy Road |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Fermoy Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Blyth Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Blyth Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blyth Avenue |