£181,205
This estimated value is based upon the latest sale price for the house of £84,300 on 12 Dec 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £84,300 | 12 Dec 2003 |
| £37,500 | 15 Jul 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2003 the House Price Index for SOUTHEND-ON-SEA was 68.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 114.953%.Applying this 114.953% change to the original purchase price of £84,300 results in an estimated price of approximately £181,205.
| 12 Dec 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 146.7 | 114.953 % | £84,300 | £96,905 | £181,205 |
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 | 117.871 % | £99,364 | £183,664 |
| 3 Month Average | 91.823 % | £77,407 | £161,707 |
| 6 Month Average | 114.362 % | £96,406 | £180,706 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 17 May 2017.
The average size of a house on COMMERCIAL ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Road |
| Feb 2024 | Drugs | Local resolution | On or near Commercial Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Commercial Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Commercial Road |