£359,605
This estimated value is based upon the latest sale price for the house of £325,000 on 28 Oct 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 28 Oct 2021 |
| £283,995 | 13 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2021 the House Price Index for SOUTHEND-ON-SEA was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £325,000 results in an estimated price of approximately £359,605.
| 28 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £325,000 | £34,605 | £359,605 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 5.467 % | £17,767 | £342,767 |
| 3 Month Average | -13.687 % | £-44,483 | £280,516 |
| 6 Month Average | -4.228 % | £-13,740 | £311,259 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £259,825 | £260,000 | 1 MARINER HOUSE COLE AVENUE |
| 28 Jun 2022 | £69,228 | £68,250 | 8 PRINCESS HOUSE COLE COURT |
| 23 Jun 2022 | £405,734 | £400,000 | 5 KIRKHAM ROAD |
| 7 Dec 2021 | £353,554 | £330,000 | 49 COLE AVENUE |
| 19 Nov 2021 | £341,758 | £316,000 | 28 KIRKHAM ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Jun 2018. Using an estimated price of £359,605 means this house is valued at £4,794 per sq meter (£445 per sq foot).
The average size of a house on GANNET CLOSE is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gannet Close |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Gannet Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gannet Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gannet Close |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Trask Way |