£404,613
This estimated value is based upon the latest sale price for the house of £328,000 on 7 Dec 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 |
|---|---|
| £328,000 | 7 Dec 2018 |
| £172,500 | 10 Feb 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 878 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 2018 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £328,000 results in an estimated price of approximately £404,613.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £328,000 | £76,613 | £404,613 |
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 | 11.045 % | £36,228 | £364,228 |
| 3 Month Average | 4.970 % | £16,300 | £344,300 |
| 6 Month Average | 15.692 % | £51,469 | £379,469 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £364,375 | £358,000 | 19 ALAN GROVE |
| 7 Dec 2023 | £261,577 | £257,000 | 202 RAYLEIGH ROAD |
| 29 Sep 2023 | £336,806 | £332,500 | 7 ALAN GROVE |
| 13 Sep 2023 | £435,569 | £430,000 | 207 RAYLEIGH ROAD |
| 30 Aug 2023 | £272,383 | £270,000 | 23 FAIRFIELD ROAD |
This house has a floor area of 81 sq meters or 878 sq feet when measured on 25 Aug 2011. Using an estimated price of £404,614 means this house is valued at £4,958 per sq meter (£460 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Walters Close | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walters Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walters Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walters Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walters Close |