£126,340
This estimated value is based upon the latest sale price for the house of £23,500 on 6 Jan 1997. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Britannia Gardens
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Price Paid | Date |
---|---|
£23,500 | 6 Jan 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 1997 the House Price Index for SOUTHEND-ON-SEA was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £23,500 results in an estimated price of approximately £126,340.
6 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 149.7 | 437.617 % | £23,500 | £102,840 | £126,340 |
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 | 440.113 % | £103,426 | £126,926 |
3 Month Average | 565.852 % | £132,975 | £156,475 |
6 Month Average | 538.126 % | £126,459 | £149,959 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £564,325 | £550,000 | 24A AILSA ROAD |
18 Oct 2023 | £81,859 | £80,000 | FLAT 4 17 BRITANNIA ROAD |
27 Sep 2023 | £176,900 | £173,000 | FLAT 3 17 AILSA ROAD |
20 Sep 2023 | £247,966 | £242,500 | 30A BRITANNIA ROAD |
1 Aug 2023 | £229,133 | £225,000 | 34A AILSA ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 23 Aug 2012. Using an estimated price of £126,340 means this house is valued at £3,414 per sq meter (£317 per sq foot).
The average size of a house on AILSA ROAD is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Britannia Gardens |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Britannia Gardens |
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Britannia Gardens |
May 2024 | Burglary | Under investigation | On or near Britannia Gardens |
Apr 2024 | Anti-social behaviour | On or near Britannia Gardens |