£157,118
This estimated value is based upon the latest sale price for the house of £28,000 on 20 May 1996. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£28,000 | 20 May 1996 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 602 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 1996 the House Price Index for SOUTHEND-ON-SEA was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £28,000 results in an estimated price of approximately £157,118.
20 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 148.6 | 461.136 % | £28,000 | £129,118 | £157,118 |
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 | 517.053 % | £144,774 | £172,774 |
3 Month Average | 566.651 % | £158,662 | £186,662 |
6 Month Average | 523.134 % | £146,477 | £174,477 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £265,574 | £262,000 | 8 FERNBROOK AVENUE |
6 Mar 2023 | £277,615 | £275,000 | 33 OAKLEIGH AVENUE |
25 Nov 2022 | £279,613 | £283,000 | 8 OAKLEIGH AVENUE |
11 Nov 2022 | £278,625 | £282,000 | 23 OAKLEIGH AVENUE |
26 Oct 2022 | £229,529 | £232,000 | 85 CHINCHILLA ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 26 Feb 2019. Using an estimated price of £157,118 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on BRIGHTON AVENUE is 64 sq meters (698 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chinchilla Road |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brighton Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Brighton Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleigh Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakleigh Avenue |