£616,846
This estimated value is based upon the latest sale price for the house of £132,500 on 4 Sep 1998. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Leasway
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| Price Paid | Date |
|---|---|
| £132,500 | 4 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 1998 the House Price Index for SOUTHEND-ON-SEA was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £132,500 results in an estimated price of approximately £616,846.
| 4 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £132,500 | £484,346 | £616,846 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 317.433 % | £420,598 | £553,098 |
| 3 Month Average | 380.451 % | £504,098 | £636,598 |
| 6 Month Average | 409.705 % | £542,859 | £675,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £1,099,052 | £1,085,000 | 8 MEADWAY |
| 31 Jul 2023 | £920,387 | £908,000 | 16 LEASWAY |
| 1 Jun 2023 | £769,319 | £760,000 | 7 MEADWAY |
| 12 Apr 2023 | £884,524 | £875,000 | 40 LEASWAY |
| 12 Aug 2022 | £1,196,779 | £1,200,000 | 7 HALL PARK AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 20 May 2017. Using an estimated price of £616,846 means this house is valued at £4,895 per sq meter (£454 per sq foot).
The average size of a house on LEASWAY is 171 sq meters (1,848 sq feet).
This house is the smallest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Leasway |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Leasway |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leasway |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hall Park Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ridgeway Gardens |