£464,101
This estimated value is based upon the latest sale price for the house of £272,500 on 22 Aug 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £272,500 | 22 Aug 2012 |
| £120,000 | 13 Jul 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 954 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 2012 the House Price Index for SOUTHEND-ON-SEA was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £272,500 results in an estimated price of approximately £464,101.
| 22 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £272,500 | £191,601 | £464,101 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 72.337 % | £197,117 | £469,617 |
| 3 Month Average | 60.381 % | £164,538 | £437,038 |
| 6 Month Average | 79.703 % | £217,191 | £489,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £785,037 | £775,000 | 8 GLEN ROAD |
| 6 Sep 2023 | £398,090 | £393,000 | GROUND FLOOR APARTMENT 19 GRAND PARADE |
| 16 Jun 2023 | £835,116 | £825,000 | FLAT 11 STEVEN LODGE, 45 GRAND PARADE |
| 11 Jan 2023 | £305,561 | £307,000 | 5A GLEN ROAD |
| 12 Jul 2022 | £457,231 | £456,000 | FLAT C 9 GRAND PARADE |
This house has a floor area of 88 sq meters or 954 sq feet when measured on 23 Dec 2008. Using an estimated price of £464,101 means this house is valued at £5,234 per sq meter (£486 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glen Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Gardens |