£176,544
This estimated value is based upon the latest sale price for the house of £121,000 on 16 Feb 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 |
|---|---|
| £121,000 | 16 Feb 2015 |
| £49,000 | 15 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 850 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 February 2015 the House Price Index for SOUTHEND-ON-SEA was 100.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.904%.Applying this 45.904% change to the original purchase price of £121,000 results in an estimated price of approximately £176,544.
| 16 Feb 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 146.7 | 45.904 % | £121,000 | £55,544 | £176,544 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 6.457 % | £7,813 | £128,813 |
| 3 Month Average | 33.921 % | £41,044 | £162,044 |
| 6 Month Average | 45.860 % | £55,490 | £176,490 |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 12 Sep 2012.
The average size of a house on STORNOWAY ROAD is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oban Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellevue Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellevue Road |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Stromness Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stromness Road |