£113,943
This estimated value is based upon the latest sale price for the house of £30,125 on 3 May 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 |
---|---|
£30,125 | 3 May 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 2000 the House Price Index for SOUTHEND-ON-SEA was 39.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 278.236%.Applying this 278.236% change to the original purchase price of £30,125 results in an estimated price of approximately £113,943.
3 May 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 148.6 | 278.236 % | £30,125 | £83,818 | £113,943 |
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 | 248.128 % | £74,748 | £104,873 |
3 Month Average | 314.053 % | £94,608 | £124,733 |
6 Month Average | 325.471 % | £98,048 | £128,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £273,497 | £270,000 | 9A INVERNESS AVENUE |
15 Sep 2023 | £273,497 | £270,000 | 11A INVERNESS AVENUE |
15 Sep 2023 | £128,645 | £127,000 | 31A SILVERDALE AVENUE |
6 Mar 2023 | £141,332 | £140,000 | 50A INVERNESS AVENUE |
21 Oct 2022 | £247,337 | £250,000 | 77A WEST ROAD |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 3 Jul 2019. Using an estimated price of £113,944 means this house is valued at £3,079 per sq meter (£286 per sq foot).
The average size of a house on INVERNESS AVENUE is 91 sq meters (986 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Inverness Avenue |
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Inverness Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Inverness Avenue |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Inverness Avenue |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Inverness Avenue |