£833,864
This estimated value is based upon the latest sale price for the house of £675,000 on 21 Jan 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £675,000 | 21 Jan 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 155 sq meters or 1,668 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 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £675,000 results in an estimated price of approximately £833,864.
| 21 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £675,000 | £158,864 | £833,864 |
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 | 23.341 % | £157,548 | £832,548 |
| 3 Month Average | -1.275 % | £-8,606 | £666,393 |
| 6 Month Average | -6.160 % | £-41,580 | £633,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £729,325 | £720,000 | 33 LYNTON ROAD |
| 28 Apr 2023 | £869,361 | £860,000 | 18 LYNTON ROAD |
| 6 Mar 2023 | £209,978 | £208,000 | 8A WARWICK ROAD |
| 14 Feb 2023 | £1,084,270 | £1,085,000 | 12 CLIEVEDEN ROAD |
| 7 Sep 2022 | £972,150 | £980,000 | 37 WARWICK ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 3 Jan 2017. Using an estimated price of £833,865 means this house is valued at £5,379 per sq meter (£499 per sq foot).
The average size of a house on THORPE ESPLANADE is 262 sq meters (2,828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Walton Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Walton Road |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Walton Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burges Terrace |
| Dec 2023 | Drugs | Local resolution | On or near Burges Terrace |