£394,762
This estimated value is based upon the latest sale price for the house of £296,500 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £296,500 | 26 Aug 2016 |
| Detached |
| Freehold |
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 2016 the House Price Index for SOUTHEND-ON-SEA was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £296,500 results in an estimated price of approximately £394,762.
| 26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £296,500 | £98,262 | £394,762 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 101.476 % | £300,875 | £597,375 |
| 3 Month Average | 22.092 % | £65,501 | £362,001 |
| 6 Month Average | 32.932 % | £97,644 | £394,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £380,586 | £377,000 | 7 CAULFIELD ROAD |
| 6 Jan 2023 | £288,640 | £290,000 | 1 TRAFALGAR ROAD |
| 4 May 2022 | £412,778 | £405,000 | 14 BRIDGE END COTTAGES NORTH SHOEBURY ROAD |
| 28 Apr 2022 | £321,297 | £312,000 | 3 TRAFALGAR ROAD |
| 22 Apr 2022 | £245,092 | £238,000 | 11 BRIDGE COTTAGES NORTH SHOEBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armagh Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Armagh Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armagh Road |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Armagh Road |