£200,091
This estimated value is based upon the latest sale price for the house of £140,000 on 19 Aug 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £140,000 | 19 Aug 2015 |
| £107,000 | 17 May 2006 |
| 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 August 2015 the House Price Index for SOUTHEND-ON-SEA was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £140,000 results in an estimated price of approximately £200,091.
| 19 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £140,000 | £60,091 | £200,091 |
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 | 18.560 % | £25,984 | £165,984 |
| 3 Month Average | 14.587 % | £20,422 | £160,422 |
| 6 Month Average | 35.401 % | £49,562 | £189,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2022 | £585,409 | £592,500 | FLAT 8 COURTWAY HOUSE, 129 HAMLET COURT ROAD |
| 28 Jul 2022 | £100,270 | £100,000 | 54A HAMLET COURT ROAD |
| 28 Feb 2022 | £393,260 | £375,000 | 56 ST HELENS ROAD |
| 9 Dec 2021 | £242,667 | £226,500 | 41A PRESTON ROAD |
| 16 Nov 2021 | £176,287 | £163,000 | 37C PRESTON ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 19 Jul 2018. Using an estimated price of £200,092 means this house is valued at £4,257 per sq meter (£395 per sq foot).
The average size of a house on PRESTON ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Preston Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Preston Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Road |
| Jan 2024 | Anti-social behaviour | On or near Preston Road |