£571,670
This estimated value is based upon the latest sale price for the house of £112,500 on 10 Jul 1997. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £112,500 | 10 Jul 1997 |
| Detached |
| Freehold |
| Floor Area: 249 sq meters or 2,680 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 1997 the House Price Index for SOUTHEND-ON-SEA was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £112,500 results in an estimated price of approximately £571,670.
| 10 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £112,500 | £459,170 | £571,670 |
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 | 290.168 % | £326,439 | £438,939 |
| 3 Month Average | 386.427 % | £434,730 | £547,230 |
| 6 Month Average | 406.257 % | £457,039 | £569,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £304,093 | £300,000 | 12 PLAS NEWYDD CLOSE |
| 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 |
This house has a floor area of 249 sq meters or 2,680 sq feet when measured on 21 Jan 2016. Using an estimated price of £571,671 means this house is valued at £2,295 per sq meter (£213 per sq foot).
The average size of a house on EASTERN ESPLANADE is 81 sq meters (882 sq feet).
This house is the largest in the street with a floor area of 249 sq meters (2,680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Unable to prosecute suspect | 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 |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |