£754,142
This estimated value is based upon the latest sale price for the house of £595,000 on 15 Sep 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £595,000 | 15 Sep 2017 |
| £465,000 | 8 Aug 2014 |
| £360,000 | 14 Jun 2004 |
| £156,000 | 1 May 1998 |
| £30,000 | 23 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,098 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 September 2017 the House Price Index for SOUTHEND-ON-SEA was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £595,000 results in an estimated price of approximately £754,142.
| 15 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £595,000 | £159,142 | £754,142 |
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 | 1.748 % | £10,401 | £605,401 |
| 3 Month Average | -13.584 % | £-80,823 | £514,176 |
| 6 Month Average | -5.392 % | £-32,084 | £562,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £375,048 | £370,000 | 44 ACACIA DRIVE |
| 12 May 2022 | £738,923 | £725,000 | 21 FERMOY ROAD |
| 29 Mar 2022 | £803,103 | £775,000 | 105 TYRONE ROAD |
| 3 Feb 2022 | £817,982 | £780,000 | 28 ACACIA DRIVE |
| 30 Jun 2021 | £745,682 | £695,000 | 33 FERMOY ROAD |
This house has a floor area of 195 sq meters or 2,098 sq feet when measured on 10 Jan 2014. Using an estimated price of £754,142 means this house is valued at £3,867 per sq meter (£359 per sq foot).
The average size of a house on FERMOY ROAD is 164 sq meters (1,768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Thorpe Hall Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorpe Hall Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorpe Hall Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorpe Hall Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorpe Hall Avenue |