£261,854
This estimated value is based upon the latest sale price for the house of £243,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £243,000 | 30 Sep 2021 |
| £150,000 | 30 Jun 2005 |
| £117,000 | 6 Dec 2002 |
| £45,000 | 1 Sep 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 September 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £243,000 results in an estimated price of approximately £261,854.
| 30 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £243,000 | £18,854 | £261,854 |
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 | -14.333 % | £-34,829 | £208,170 |
| 3 Month Average | 11.449 % | £27,821 | £270,821 |
| 6 Month Average | -1.310 % | £-3,183 | £239,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £920,387 | £908,000 | 16 LEASWAY |
| 6 Jul 2023 | £1,241,712 | £1,225,000 | 137 CHALKWELL AVENUE |
| 12 Apr 2023 | £884,524 | £875,000 | 40 LEASWAY |
| 27 Apr 2022 | £1,029,799 | £1,000,000 | 8 ESPLANADE GARDENS |
| 30 Mar 2022 | £779,787 | £752,500 | 40 THE RIDGEWAY |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 3 Dec 2019. Using an estimated price of £261,855 means this house is valued at £4,849 per sq meter (£450 per sq foot).
The average size of a house on THE RIDGEWAY is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgeway Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Ridgeway |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near The Ridgeway |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Leasway |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Leasway |