£294,728
This estimated value is based upon the latest sale price for the house of £240,000 on 8 Jun 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £240,000 | 8 Jun 2018 |
| £200,000 | 3 Jun 2016 |
| £136,000 | 26 Jan 2007 |
| £37,000 | 21 Feb 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 June 2018 the House Price Index for SOUTHEND-ON-SEA was 119.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.804%.Applying this 22.804% change to the original purchase price of £240,000 results in an estimated price of approximately £294,728.
| 8 Jun 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 146.7 | 22.804 % | £240,000 | £54,728 | £294,728 |
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 | 10.237 % | £24,569 | £264,569 |
| 3 Month Average | 9.490 % | £22,775 | £262,775 |
| 6 Month Average | 25.552 % | £61,324 | £301,324 |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 29 Aug 2015.
The average size of a house on LONDON ROAD is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olive Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hamilton Close |