£243,862
This estimated value is based upon the latest sale price for the house of £190,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Welch Close
More crime details
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| Price Paid | Date |
|---|---|
| £190,000 | 3 Feb 2017 |
| £142,000 | 15 Mar 2013 |
| £129,000 | 8 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2017 the House Price Index for SOUTHEND-ON-SEA was 114.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 28.349%.Applying this 28.349% change to the original purchase price of £190,000 results in an estimated price of approximately £243,862.
| 3 Feb 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 146.7 | 28.349 % | £190,000 | £53,862 | £243,862 |
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 | -16.927 % | £-32,160 | £157,839 |
| 3 Month Average | -0.944 % | £-1,793 | £188,206 |
| 6 Month Average | 16.335 % | £31,037 | £221,037 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 20 Apr 2012.
There is one other house on the street which we know the size of, this is 3 WELCH CLOSE it is 71.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welch Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welch Close |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Welch Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Welch Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Welch Close |