£246,661
This estimated value is based upon the latest sale price for the house of £118,000 on 1 Mar 2004. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £118,000 | 1 Mar 2004 |
| £48,000 | 26 Feb 1999 |
| Terraced |
| 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 March 2004 the House Price Index for SOUTHEND-ON-SEA was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £118,000 results in an estimated price of approximately £246,661.
| 1 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £118,000 | £128,661 | £246,661 |
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 | 156.648 % | £184,844 | £302,844 |
| 3 Month Average | 99.381 % | £117,269 | £235,269 |
| 6 Month Average | 112.586 % | £132,851 | £250,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £136,842 | £135,000 | 789A SOUTHCHURCH ROAD |
| 16 Jun 2023 | £253,065 | £250,000 | 771 SOUTHCHURCH ROAD |
| 29 Sep 2022 | £332,316 | £335,000 | 817A SOUTHCHURCH ROAD |
| 23 Jun 2022 | £266,770 | £263,000 | 13 GLENMORE STREET |
| 27 May 2022 | £45,864 | £45,000 | UNIT 7 AND 8 AT THE BACK OF, 783 SOUTHCHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |