£401,766
This estimated value is based upon the latest sale price for the house of £375,000 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £375,000 | 17 Dec 2021 |
| £182,500 | 24 May 2013 |
| £144,500 | 7 Sep 2004 |
| £70,000 | 6 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 184 sq meters or 1,980 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 December 2021 the House Price Index for SOUTHEND-ON-SEA was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £375,000 results in an estimated price of approximately £401,766.
| 17 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £375,000 | £26,766 | £401,766 |
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 | -14.816 % | £-55,561 | £319,438 |
| 3 Month Average | 7.851 % | £29,440 | £404,440 |
| 6 Month Average | 16.000 % | £59,999 | £434,999 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £365,940 | £362,000 | 174C EASTERN ESPLANADE |
| 5 Aug 2022 | £388,953 | £390,000 | 184 SHAFTESBURY AVENUE |
| 24 Jun 2022 | £273,870 | £270,000 | 24A LIFSTAN WAY |
| 27 Apr 2022 | £432,516 | £420,000 | 180 SHAFTESBURY AVENUE |
| 28 Mar 2022 | £295,335 | £285,000 | 188A SHAFTESBURY AVENUE |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 10 Dec 2014. Using an estimated price of £401,766 means this house is valued at £2,183 per sq meter (£202 per sq foot).
The average size of a house on LIFSTAN WAY is 107 sq meters (1,155 sq feet).
This house is the largest in the street with a floor area of 184 sq meters (1,980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |