£637,444
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Jul 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£500,000 | 21 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 153 sq meters or 1,646 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 July 2017 the House Price Index for SOUTHEND-ON-SEA was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £500,000 results in an estimated price of approximately £637,444.
21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £500,000 | £137,444 | £637,444 |
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 | 89.252 % | £446,262 | £946,262 |
3 Month Average | 8.072 % | £40,361 | £540,361 |
6 Month Average | 11.564 % | £57,820 | £557,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £375,048 | £370,000 | 44 ACACIA DRIVE |
1 Jun 2023 | £1,315,940 | £1,300,000 | 99 THE BROADWAY |
12 May 2022 | £738,923 | £725,000 | 21 FERMOY ROAD |
22 Apr 2022 | £308,940 | £300,000 | 122B THE BROADWAY |
22 Apr 2022 | £308,940 | £300,000 | 122A THE BROADWAY |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 6 May 2016. Using an estimated price of £637,444 means this house is valued at £4,166 per sq meter (£387 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 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |