£51,655
This estimated value is based upon the latest sale price for the house of £10,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £10,000 | 30 May 1997 |
| £42,000 | 30 May 1997 |
| Terraced |
| 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 May 1997 the House Price Index for SOUTHEND-ON-SEA was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £10,000 results in an estimated price of approximately £51,655.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £10,000 | £41,655 | £51,655 |
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 | 1006.650 % | £100,664 | £110,664 |
| 3 Month Average | 497.406 % | £49,740 | £59,740 |
| 6 Month Average | 526.333 % | £52,633 | £62,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £324,809 | £320,000 | 17 BOWBANK CLOSE |
| 18 Aug 2023 | £287,515 | £285,000 | 10 WATKINS WAY |
| 28 Apr 2023 | £212,286 | £210,000 | 32 BOWBANK CLOSE |
| 28 Mar 2023 | £272,568 | £270,000 | 44 BOWBANK CLOSE |
| 12 Jan 2023 | £303,570 | £305,000 | 145 EAGLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bowbank Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bowbank Close |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Bowbank Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watkins Way |
| Feb 2024 | Anti-social behaviour | On or near Falcon Way |