£605,706
This estimated value is based upon the latest sale price for the house of £600,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £600,000 | 31 Mar 2023 |
| £56,000 | 22 Dec 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 March 2023 the House Price Index for SOUTHEND-ON-SEA was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £600,000 results in an estimated price of approximately £605,706.
| 31 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £600,000 | £5,706 | £605,706 |
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 | 23.026 % | £138,157 | £738,157 |
| 3 Month Average | -5.876 % | £-35,256 | £564,743 |
| 6 Month Average | 12.635 % | £75,807 | £675,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £282,471 | £280,000 | FLAT 6 LEGRA GRANGE, 1525 LONDON ROAD |
| 31 Mar 2023 | £605,707 | £600,000 | 2 HAZEL CLOSE |
| 1 Sep 2022 | £277,757 | £280,000 | FLAT 1 BRUSHS WARREN, 1527 LONDON ROAD |
| 7 Jul 2022 | £318,357 | £317,500 | 1563A LONDON ROAD |
| 14 Jun 2022 | £281,478 | £277,500 | 15 LAPWATER COURT LONDON ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 15 Dec 2015. Using an estimated price of £605,707 means this house is valued at £4,326 per sq meter (£401 per sq foot).
The average size of a house on HAZEL CLOSE is 180 sq meters (1,941 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazel Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hazel Close |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lapwater Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lapwater Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapwater Close |