£507,296
This estimated value is based upon the latest sale price for the house of £335,000 on 1 Aug 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £335,000 | 1 Aug 2014 |
| £83,000 | 3 Dec 1997 |
| £70,158 | 31 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2014 the House Price Index for SOUTHEND-ON-SEA was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £335,000 results in an estimated price of approximately £507,296.
| 1 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £335,000 | £172,296 | £507,296 |
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 | 44.901 % | £150,416 | £485,416 |
| 3 Month Average | 27.599 % | £92,456 | £427,456 |
| 6 Month Average | 41.799 % | £140,026 | £475,026 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £920,387 | £908,000 | 16 LEASWAY |
| 6 Jul 2023 | £1,241,712 | £1,225,000 | 137 CHALKWELL AVENUE |
| 12 Apr 2023 | £884,524 | £875,000 | 40 LEASWAY |
| 27 Apr 2022 | £1,029,799 | £1,000,000 | 8 ESPLANADE GARDENS |
| 30 Mar 2022 | £779,787 | £752,500 | 40 THE RIDGEWAY |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Feb 2015. Using an estimated price of £507,297 means this house is valued at £3,872 per sq meter (£359 per sq foot).
The average size of a house on THE RIDGEWAY is 115 sq meters (1,245 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgeway Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Ridgeway |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near The Ridgeway |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Leasway |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Leasway |