£623,810
This estimated value is based upon the latest sale price for the house of £505,000 on 18 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 |
|---|---|
| £505,000 | 18 Feb 2019 |
| £172,500 | 10 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 £505,000 results in an estimated price of approximately £623,810.
| 18 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £505,000 | £118,810 | £623,810 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 6.054 % | £30,570 | £535,570 |
| 3 Month Average | -8.852 % | £-44,703 | £460,296 |
| 6 Month Average | -8.844 % | £-44,660 | £460,339 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £1,185,153 | £1,170,000 | 25 DAINES WAY |
| 17 Jul 2023 | £375,048 | £370,000 | 44 ACACIA DRIVE |
| 14 Mar 2022 | £999,993 | £965,000 | 8 BURLESCOOMBE CLOSE |
| 28 Feb 2022 | £639,704 | £610,000 | 9 BARNSTAPLE ROAD |
| 3 Feb 2022 | £208,166 | £198,500 | 7 BURLEIGH COURT DAINES WAY |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 27 Jun 2018. Using an estimated price of £623,810 means this house is valued at £5,941 per sq meter (£551 per sq foot).
The average size of a house on BARNSTAPLE ROAD is 102 sq meters (1,101 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burleigh Square |
| Mar 2024 | Violence and sexual offences | On or near Thorpe Bay (Station) | |
| Mar 2024 | Violence and sexual offences | On or near Thorpe Bay (Station) |