£181,286
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Dec 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £160,000 | 22 Dec 2020 |
| £120,000 | 9 May 2008 |
| £87,000 | 12 Dec 2003 |
| £57,500 | 18 Jan 2002 |
| £35,000 | 18 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 December 2020 the House Price Index for SOUTHEND-ON-SEA was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £160,000 results in an estimated price of approximately £181,286.
| 22 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £160,000 | £21,286 | £181,286 |
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 | -26.552 % | £-42,483 | £117,516 |
| 3 Month Average | -5.278 % | £-8,445 | £151,554 |
| 6 Month Average | 15.018 % | £24,028 | £184,028 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Aug 2019.
The average size of a house on CENTRAL AVENUE is 80 sq meters (864 sq feet).