£365,812
This estimated value is based upon the latest sale price for the house of £283,000 on 17 Apr 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £283,000 | 17 Apr 2017 |
| £283,000 | 17 Apr 2017 |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 April 2017 the House Price Index for SOUTHEND-ON-SEA was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £283,000 results in an estimated price of approximately £365,812.
| 17 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £283,000 | £82,812 | £365,812 |
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 | 27.963 % | £79,136 | £362,136 |
| 3 Month Average | 5.358 % | £15,161 | £298,161 |
| 6 Month Average | 22.059 % | £62,425 | £345,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £203,005 | £200,000 | 186 HAMLET COURT ROAD |
| 15 Nov 2022 | £407,563 | £412,500 | 10 RICHMOND AVENUE |
| 16 May 2022 | £300,665 | £295,000 | 344 LONDON ROAD |
| 25 Mar 2022 | £180,310 | £174,000 | 2 267 HAMLET COURT ROAD |
| 28 Feb 2022 | £214,982 | £205,000 | 2B RICHMOND AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 May 2020. Using an estimated price of £365,812 means this house is valued at £3,891 per sq meter (£361 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (733 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Dec 2023 | Possession of weapons | Awaiting court outcome | On or near Parking Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Avenue |