£788,887
This estimated value is based upon the latest sale price for the house of £570,000 on 16 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 |
---|---|
£570,000 | 16 Dec 2015 |
£305,000 | 17 Oct 2003 |
Detached |
Freehold |
Floor Area: 130 sq meters or 1,399 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 December 2015 the House Price Index for SOUTHEND-ON-SEA was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £570,000 results in an estimated price of approximately £788,887.
16 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £570,000 | £218,887 | £788,887 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 44.134 % | £251,564 | £821,564 |
3 Month Average | 27.898 % | £159,016 | £729,016 |
6 Month Average | 40.495 % | £230,820 | £800,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £286,159 | £282,500 | 172A WESTERN ROAD |
16 Aug 2023 | £148,802 | £147,500 | 1420A LONDON ROAD |
13 Jul 2023 | £572,708 | £565,000 | 27 CRESCENT ROAD |
18 Nov 2022 | £232,188 | £235,000 | 1434 LONDON ROAD |
30 Sep 2021 | £314,657 | £292,000 | 16A CRESCENT ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 1 Jul 2015. Using an estimated price of £788,888 means this house is valued at £6,068 per sq meter (£563 per sq foot).
The average size of a house on PARK ROAD is 115 sq meters (1,247 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crescent Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Western Road |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |