£209,138
This estimated value is based upon the latest sale price for the house of £150,000 on 9 Dec 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 |
|---|---|
| £150,000 | 9 Dec 2015 |
| Flats/Maisonettes |
| Leasehold |
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 2015 the House Price Index for SOUTHEND-ON-SEA was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £150,000 results in an estimated price of approximately £209,138.
| 9 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £150,000 | £59,138 | £209,138 |
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 | 37.496 % | £56,243 | £206,243 |
| 3 Month Average | 38.280 % | £57,420 | £207,420 |
| 6 Month Average | 38.926 % | £58,388 | £208,388 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £252,767 | £245,000 | 4 WALLIS AVENUE |
| 6 Jun 2023 | £267,868 | £262,500 | 3 ROOTS HALL AVENUE |
| 27 Jan 2023 | £170,455 | £170,000 | FLAT 2 REYNOLDS HOUSE, 1 WEST STREET |
| 13 Jan 2023 | £277,742 | £277,000 | 21 WALLIS AVENUE |
| 26 Apr 2022 | £207,484 | £200,000 | 4A WEST STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Victoria Avenue |
| Jul 2024 | Drugs | Local resolution | On or near Victoria Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Victoria Avenue |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Avenue |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Avenue |