£611,946
This estimated value is based upon the latest sale price for the house of £480,000 on 31 Jul 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 |
|---|---|
| £480,000 | 31 Jul 2017 |
| Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 £480,000 results in an estimated price of approximately £611,946.
| 31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £480,000 | £131,946 | £611,946 |
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 | -22.365 % | £-107,353 | £372,646 |
| 3 Month Average | 5.660 % | £27,169 | £507,169 |
| 6 Month Average | 13.071 % | £62,741 | £542,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £609,016 | £600,000 | 31 COSSINGTON ROAD |
| 12 May 2022 | £150,333 | £147,500 | 35 ST HELENS ROAD |
| 28 Feb 2022 | £393,260 | £375,000 | 56 ST HELENS ROAD |
| 18 Feb 2022 | £330,863 | £315,500 | 27A COSSINGTON ROAD |
| 4 Feb 2022 | £760,304 | £725,000 | 47A ST HELENS ROAD |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 31 Mar 2017. Using an estimated price of £611,947 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on PRESTON ROAD is 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Canewdon Road |
| Dec 2023 | Possession of weapons | Under investigation | On or near Canewdon Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cossington Road |