£580,120
This estimated value is based upon the latest sale price for the house of £520,000 on 26 Aug 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 |
|---|---|
| £520,000 | 26 Aug 2021 |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2021 the House Price Index for SOUTHEND-ON-SEA was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £520,000 results in an estimated price of approximately £580,120.
| 26 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £520,000 | £60,120 | £580,120 |
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 | 27.586 % | £143,445 | £663,445 |
| 3 Month Average | -7.243 % | £-37,661 | £482,338 |
| 6 Month Average | -1.469 % | £-7,636 | £512,363 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2022 | £366,914 | £360,000 | 47A BROADWAY WEST |
| 14 Feb 2022 | £283,148 | £270,000 | FLAT 3 94 ELM ROAD |
| 7 Jan 2022 | £234,161 | £222,500 | 23 ELM ROAD |
| 5 Nov 2021 | £259,563 | £240,000 | 2 BARYTA COURT RECTORY GROVE |
| 2 Nov 2021 | £327,158 | £302,500 | 2 STIRLING HALL, 11 - 13 ELM ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 29 Jan 2016. Using an estimated price of £580,120 means this house is valued at £5,226 per sq meter (£485 per sq foot).
The average size of a house on ELM ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Church Hill | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Church Hill |
| Feb 2024 | Anti-social behaviour | On or near Church Hill | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Church Hill |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Church Hill |