£250,114
This estimated value is based upon the latest sale price for the house of £175,000 on 17 Aug 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £175,000 | 17 Aug 2015 |
| £150,000 | 22 Jul 2011 |
| £158,000 | 15 Dec 2004 |
| £105,000 | 29 Jan 2003 |
| £48,000 | 11 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 890 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 August 2015 the House Price Index for SOUTHEND-ON-SEA was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £175,000 results in an estimated price of approximately £250,114.
| 17 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £175,000 | £75,114 | £250,114 |
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 | -5.436 % | £-9,512 | £165,487 |
| 3 Month Average | 23.382 % | £40,918 | £215,918 |
| 6 Month Average | 34.486 % | £60,350 | £235,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £173,027 | £170,000 | FLAT 3 34 PALMERSTON ROAD |
| 7 Dec 2023 | £123,155 | £121,000 | FLAT C 24 PALMERSTON ROAD |
| 1 Dec 2023 | £249,363 | £245,000 | 22A PALMERSTON ROAD |
| 22 Jun 2023 | £334,046 | £330,000 | FLAT B 12 PEMBURY ROAD |
| 13 Jul 2022 | £190,513 | £190,000 | FLAT 2 26 PALMERSTON ROAD |
This house has a floor area of 82 sq meters or 890 sq feet when measured on 21 Apr 2010. Using an estimated price of £250,115 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on PALMERSTON ROAD is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Palmerston Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palmerston Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |