£499,452
This estimated value is based upon the latest sale price for the house of £485,000 on 13 Apr 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £485,000 | 13 Apr 2022 |
| £260,000 | 22 Sep 2006 |
| £105,500 | 7 Jan 2000 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2022 the House Price Index for SOUTHEND-ON-SEA was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £485,000 results in an estimated price of approximately £499,452.
| 13 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £485,000 | £14,452 | £499,452 |
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 | -1.735 % | £-8,413 | £476,586 |
| 3 Month Average | -6.992 % | £-33,912 | £451,087 |
| 6 Month Average | -0.389 % | £-1,887 | £483,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £252,206 | £250,000 | 46A SOUTHSEA AVENUE |
| 6 Jul 2023 | £456,139 | £450,000 | 36 SOUTHSEA AVENUE |
| 30 Jun 2023 | £304,691 | £301,000 | 24 SOUTHSEA AVENUE |
| 31 Mar 2023 | £666,277 | £660,000 | 7 LYMINGTON AVENUE |
| 29 Sep 2022 | £272,797 | £275,000 | 44A GLENDALE GARDENS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Aug 2012. Using an estimated price of £499,453 means this house is valued at £6,017 per sq meter (£559 per sq foot).
The average size of a house on LYMINGTON AVENUE is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |