£326,250
This estimated value is based upon the latest sale price for the house of £180,000 on 16 Nov 2005. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £180,000 | 16 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 November 2005 the House Price Index for SOUTHEND-ON-SEA was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £180,000 results in an estimated price of approximately £326,250.
| 16 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £180,000 | £146,250 | £326,250 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 51.643 % | £92,956 | £272,956 |
| 3 Month Average | 68.796 % | £123,833 | £303,833 |
| 6 Month Average | 71.715 % | £129,086 | £309,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £83,119 | £82,000 | 19 TOLHURST HOUSE, 45 CHICHESTER ROAD |
| 3 Mar 2023 | £123,665 | £122,500 | 33 TOLHURST HOUSE, 45 CHICHESTER ROAD |
| 28 Nov 2022 | £177,846 | £180,000 | 31 WARRIOR SQUARE NORTH |
| 30 Aug 2022 | £124,664 | £125,000 | 33A TOLHURST HOUSE, 45 CHICHESTER ROAD |
| 18 Jul 2022 | £220,594 | £220,000 | 44A WHITEGATE ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 15 Aug 2017. Using an estimated price of £326,250 means this house is valued at £2,434 per sq meter (£226 per sq foot).
The average size of a house on WHITEGATE ROAD is 75 sq meters (812 sq feet).