£157,806
This estimated value is based upon the latest sale price for the house of £95,000 on 31 Jul 2013. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £95,000 | 31 Jul 2013 |
| £80,000 | 9 Jun 2006 |
| £47,000 | 26 Apr 2002 |
| £36,000 | 18 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 440 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 July 2013 the House Price Index for SOUTHEND-ON-SEA was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £95,000 results in an estimated price of approximately £157,806.
| 31 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £95,000 | £62,806 | £157,806 |
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 | 16.918 % | £16,071 | £111,071 |
| 3 Month Average | 45.267 % | £43,003 | £138,003 |
| 6 Month Average | 41.897 % | £39,801 | £134,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £196,437 | £193,000 | 6 TYRREL DRIVE |
| 8 Nov 2023 | £96,935 | £95,500 | 10F LANCASTER GARDENS |
| 18 Aug 2022 | £135,635 | £136,000 | 41 LANCASTER GARDENS |
| 26 May 2022 | £173,265 | £170,000 | FLAT 5 MONTAGUE BUILDINGS SOUTHCHURCH ROAD |
| 13 Apr 2022 | £102,980 | £100,000 | FLAT 10 MONTAGUE BUILDINGS SOUTHCHURCH ROAD |
This house has a floor area of 40 sq meters or 440 sq feet when measured on 29 Aug 2011. Using an estimated price of £157,807 means this house is valued at £3,860 per sq meter (£358 per sq foot).
The average size of a house on SOUTHCHURCH ROAD is 61 sq meters (666 sq feet).