£609,857
This estimated value is based upon the latest sale price for the house of £500,000 on 8 Jan 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£500,000 | 8 Jan 2020 |
£355,000 | 20 Dec 2018 |
Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 January 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £500,000 results in an estimated price of approximately £609,857.
8 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £500,000 | £109,857 | £609,857 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | -24.355 % | £-121,774 | £378,225 |
3 Month Average | 8.683 % | £43,413 | £543,413 |
6 Month Average | 4.237 % | £21,182 | £521,182 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £497,363 | £490,000 | 215 SOUTHBOURNE GROVE |
16 Feb 2023 | £139,906 | £140,000 | 553 FAIRFAX DRIVE |
24 Aug 2022 | £547,526 | £549,000 | 198 SOUTHBOURNE GROVE |
4 Aug 2022 | £423,859 | £425,000 | 142 SOUTHBOURNE GROVE |
31 Mar 2022 | £221,760 | £214,000 | 20 GROVE COURT |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 11 Oct 2018. Using an estimated price of £609,857 means this house is valued at £5,595 per sq meter (£519 per sq foot).
The average size of a house on SOUTHBOURNE GROVE is 111 sq meters (1,197 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellstead Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellstead Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellstead Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Wellstead Gardens |
Mar 2024 | Violence and sexual offences | Further action is not in the public interest | On or near Southbourne Grove |