£414,993
This estimated value is based upon the latest sale price for the house of £322,500 on 12 May 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£322,500 | 12 May 2017 |
£225,000 | 7 Dec 2015 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 May 2017 the House Price Index for SOUTHEND-ON-SEA was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £322,500 results in an estimated price of approximately £414,993.
12 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £322,500 | £92,493 | £414,993 |
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 | 60.716 % | £195,809 | £518,309 |
3 Month Average | 25.130 % | £81,044 | £403,544 |
6 Month Average | 38.639 % | £124,609 | £447,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £481,480 | £475,000 | 267 EASTWOOD ROAD NORTH |
27 Mar 2023 | £353,329 | £350,000 | 24 IRVINGTON CLOSE |
21 Feb 2023 | £414,721 | £415,000 | 143 DANESCROFT DRIVE |
31 Jan 2023 | £341,392 | £343,000 | 226 EASTWOOD ROAD NORTH |
11 Mar 2022 | £463,727 | £447,500 | 6 DANESLEIGH GARDENS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 Aug 2015. Using an estimated price of £414,994 means this house is valued at £7,033 per sq meter (£653 per sq foot).
The average size of a house on IRVINGTON CLOSE is 86 sq meters (935 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Danescroft Drive |
Feb 2024 | Anti-social behaviour | On or near Oak Walk | |
Feb 2024 | Anti-social behaviour | On or near Oak Walk | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Leighcroft Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Leighcroft Gardens |