£816,705
This estimated value is based upon the latest sale price for the house of £625,000 on 5 Jan 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 |
|---|---|
| £625,000 | 5 Jan 2017 |
| £350,000 | 6 Dec 2013 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2017 the House Price Index for SOUTHEND-ON-SEA was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £625,000 results in an estimated price of approximately £816,705.
| 5 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £625,000 | £191,705 | £816,705 |
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 | 12.786 % | £79,912 | £704,912 |
| 3 Month Average | 29.713 % | £185,703 | £810,703 |
| 6 Month Average | 23.021 % | £143,883 | £768,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £254,452 | £250,000 | FLAT 13 SOUTH JUSTINS THORPE HALL AVENUE |
| 1 Sep 2022 | £278,749 | £281,000 | FLAT 15 SOUTH JUSTINS THORPE HALL AVENUE |
| 27 Jun 2022 | £750,608 | £740,000 | 274 THORPE HALL AVENUE |
| 25 Mar 2022 | £341,967 | £330,000 | 89 SHOEBURY ROAD |
| 25 Mar 2022 | £476,681 | £460,000 | 72 SHOEBURY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 May 2013. Using an estimated price of £816,706 means this house is valued at £8,688 per sq meter (£807 per sq foot).
The average size of a house on THORPE HALL AVENUE is 130 sq meters (1,404 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadclyst Close |
| Jan 2024 | Anti-social behaviour | On or near Broadclyst Close |