£194,551
This estimated value is based upon the latest sale price for the house of £54,000 on 1 Dec 2000. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £54,000 | 1 Dec 2000 |
| £30,500 | 24 Nov 1995 |
| Terraced |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2000 the House Price Index for SOUTHEND-ON-SEA was 41.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 260.280%.Applying this 260.280% change to the original purchase price of £54,000 results in an estimated price of approximately £194,551.
| 1 Dec 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 41.2 | 148.6 | 260.280 % | £54,000 | £140,551 | £194,551 |
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 | 221.862 % | £119,805 | £173,805 |
| 3 Month Average | 262.354 % | £141,670 | £195,670 |
| 6 Month Average | 243.987 % | £131,752 | £185,752 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £243,607 | £240,000 | 6A WESLEY ROAD |
| 24 Aug 2023 | £108,449 | £107,500 | GROUND FLOOR FLAT 18 ALBERT ROAD |
| 17 Mar 2023 | £146,379 | £145,000 | 5A WESLEY ROAD |
| 3 Feb 2023 | £139,906 | £140,000 | FLAT 2 21 ALBERT ROAD |
| 20 Jan 2023 | £268,734 | £270,000 | 23 ALBERT ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 22 Nov 2014. Using an estimated price of £194,551 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on STANLEY ROAD is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
| Mar 2024 | Drugs | Under investigation | On or near Albert Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Albert Road |
| Mar 2024 | Anti-social behaviour | On or near Albert Road |