£444,696
This estimated value is based upon the latest sale price for the house of £360,000 on 1 Feb 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £360,000 | 1 Feb 2019 |
| £250,000 | 5 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 February 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £360,000 results in an estimated price of approximately £444,696.
| 1 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £360,000 | £84,696 | £444,696 |
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 | -0.873 % | £-3,144 | £356,855 |
| 3 Month Average | 5.604 % | £20,173 | £380,173 |
| 6 Month Average | 5.602 % | £20,165 | £380,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2022 | £407,563 | £412,500 | 10 RICHMOND AVENUE |
| 27 Jun 2022 | £365,160 | £360,000 | 23 WINDSOR ROAD |
| 16 May 2022 | £300,665 | £295,000 | 344 LONDON ROAD |
| 28 Feb 2022 | £214,982 | £205,000 | 2B RICHMOND AVENUE |
| 23 Feb 2022 | £435,208 | £415,000 | 212 HAMLET COURT ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 21 Jun 2016. Using an estimated price of £444,697 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on RICHMOND AVENUE is 120 sq meters (1,300 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Avenue |
| Jan 2024 | Anti-social behaviour | On or near Windsor Road | |
| Jan 2024 | Anti-social behaviour | On or near Windsor Road | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windsor Road |