£133,352
This estimated value is based upon the latest sale price for the house of £128,000 on 13 Jan 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£128,000 | 13 Jan 2022 |
£40,000 | 28 Apr 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 31 sq meters or 333 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 January 2022 the House Price Index for SOUTHEND-ON-SEA was 141.1.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 4.181%.Applying this 4.181% change to the original purchase price of £128,000 results in an estimated price of approximately £133,352.
13 Jan 2022 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.1 | 147.0 | 4.181 % | £128,000 | £5,352 | £133,352 |
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 | -19.482 % | £-24,936 | £103,063 |
3 Month Average | -12.448 % | £-15,933 | £112,066 |
6 Month Average | 6.378 % | £8,164 | £136,164 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £645,608 | £650,000 | 99 HIGH STREET |
21 Jul 2023 | £159,783 | £160,000 | 30 WHITEGATE ROAD |
7 Mar 2023 | £119,674 | £120,000 | 7 CLARENCE ROAD |
11 Aug 2022 | £408,881 | £415,000 | 20 ALEXANDRA STREET |
25 Mar 2022 | £139,414 | £136,000 | 14B CLIFFTOWN ROAD |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 16 Nov 2021. Using an estimated price of £133,352 means this house is valued at £4,301 per sq meter (£399 per sq foot).
The average size of a house on CLIFFTOWN ROAD is 78 sq meters (843 sq feet).
This house is the smallest in the street with a floor area of 31 sq meters (333 sq feet).