£154,421
This estimated value is based upon the latest sale price for the house of £83,500 on 23 May 2005. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £83,500 | 23 May 2005 |
| £68,000 | 13 Nov 2003 |
| £38,500 | 1 May 2002 |
| £22,500 | 5 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 May 2005 the House Price Index for SOUTHEND-ON-SEA was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £83,500 results in an estimated price of approximately £154,421.
| 23 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £83,500 | £70,921 | £154,421 |
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 | 76.141 % | £63,577 | £147,077 |
| 3 Month Average | 92.547 % | £77,276 | £160,776 |
| 6 Month Average | 85.122 % | £71,077 | £154,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £175,063 | £172,000 | 22A BURNABY ROAD |
| 26 Jul 2023 | £207,797 | £205,000 | FLAT 61 AUDLEY COURT, 1 FORGE WAY |
| 24 Mar 2023 | £156,474 | £155,000 | 15A BERESFORD ROAD |
| 6 Jan 2023 | £204,039 | £205,000 | FLAT 28 AUDLEY COURT, 1 FORGE WAY |
| 23 Sep 2022 | £213,278 | £215,000 | FLAT 6 AUDLEY COURT, 1 FORGE WAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 22 Jan 2020. Using an estimated price of £154,421 means this house is valued at £3,860 per sq meter (£358 per sq foot).
The average size of a house on BURNABY ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Burnaby Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Burnaby Road |
| Feb 2024 | Other crime | Under investigation | On or near Burnaby Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnaby Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnaby Road |