£490,097
This estimated value is based upon the latest sale price for the house of £369,995 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £369,995 | 5 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2016 the House Price Index for SOUTHEND-ON-SEA was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £369,995 results in an estimated price of approximately £490,097.
| 5 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £369,995 | £120,102 | £490,097 |
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 | 16.879 % | £62,449 | £432,444 |
| 3 Month Average | 18.259 % | £67,557 | £437,552 |
| 6 Month Average | 27.295 % | £100,988 | £470,983 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £227,759 | £225,000 | 44 PINEWOOD AVENUE |
| 28 Apr 2023 | £242,612 | £240,000 | 26 HUDSON ROAD |
| 9 Sep 2022 | £407,212 | £410,500 | 26 CHESTERFIELD CRESCENT |
| 21 Jul 2022 | £335,904 | £335,000 | 18 CHESTERFIELD CRESCENT |
| 1 Apr 2022 | £437,665 | £425,000 | 87 HUDSON ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 10 Sep 2016. Using an estimated price of £490,097 means this house is valued at £4,261 per sq meter (£395 per sq foot).
The average size of a house on THE CREST is 105 sq meters (1,133 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Crest |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Avenue |
| Feb 2024 | Possession of weapons | Under investigation | On or near Pinewood Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Chesterfield Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bellhouse Road |