£283,646
This estimated value is based upon the latest sale price for the house of £162,500 on 8 May 2006. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £162,500 | 8 May 2006 |
| £130,000 | 14 Apr 2003 |
| £118,000 | 17 Dec 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 May 2006 the House Price Index for SOUTHEND-ON-SEA was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £162,500 results in an estimated price of approximately £283,646.
| 8 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £162,500 | £121,146 | £283,646 |
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 | 48.235 % | £78,381 | £240,881 |
| 3 Month Average | 78.319 % | £127,268 | £289,768 |
| 6 Month Average | 77.683 % | £126,234 | £288,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £583,641 | £575,000 | 16 THE LEAS |
| 24 Aug 2023 | £317,780 | £315,000 | 38 COBHAM ROAD |
| 13 Apr 2023 | £267,884 | £265,000 | FLAT 4 19 COBHAM ROAD |
| 10 Mar 2023 | £431,566 | £427,500 | 22 COBHAM ROAD |
| 31 Jan 2023 | £771,366 | £775,000 | 13 COBHAM ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 17 Jun 2020. Using an estimated price of £283,647 means this house is valued at £3,732 per sq meter (£346 per sq foot).
The average size of a house on COBHAM ROAD is 82 sq meters (891 sq feet).