£559,075
This estimated value is based upon the latest sale price for the house of £432,500 on 18 Jan 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 |
---|---|
£432,500 | 18 Jan 2017 |
£97,000 | 27 Feb 1996 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2017 the House Price Index for SOUTHEND-ON-SEA was 113.7.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 29.266%.Applying this 29.266% change to the original purchase price of £432,500 results in an estimated price of approximately £559,075.
18 Jan 2017 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 147.0 | 29.266 % | £432,500 | £126,575 | £559,075 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -15.873 % | £-68,650 | £363,849 |
3 Month Average | 39.892 % | £172,534 | £605,034 |
6 Month Average | 43.784 % | £189,365 | £621,865 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £469,471 | £465,000 | 8 THE SPINNEYS |
29 Jun 2023 | £523,931 | £525,000 | 25 PADDOCK CLOSE |
10 May 2023 | £330,225 | £330,000 | 32 PADDOCK CLOSE |
3 Nov 2022 | £380,930 | £390,000 | 33 KENDAL WAY |
28 Jun 2022 | £526,074 | £525,000 | 23 PADDOCK CLOSE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 5 Nov 2016. Using an estimated price of £559,075 means this house is valued at £4,819 per sq meter (£447 per sq foot).
The average size of a house on GREEN LANE is 115 sq meters (1,240 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paddock Close |
Oct 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Paddock Close |
Oct 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Paddock Close |
Nov 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |
Jan 2024 | Burglary | Under investigation | On or near Parkway Close |