£18,500
This estimated value is based upon the latest sale price for the house of £15,000 on 3 Jul 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £15,000 | 3 Jul 2019 |
| 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 July 2019 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £15,000 results in an estimated price of approximately £18,500.
| 3 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £15,000 | £3,500 | £18,500 |
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 | 15.264 % | £2,289 | £17,289 |
| 3 Month Average | 4.301 % | £645 | £15,645 |
| 6 Month Average | 14.793 % | £2,219 | £17,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £273,497 | £270,000 | 9A INVERNESS AVENUE |
| 15 Sep 2023 | £128,645 | £127,000 | 31A SILVERDALE AVENUE |
| 15 Sep 2023 | £273,497 | £270,000 | 11A INVERNESS AVENUE |
| 3 Aug 2023 | £201,765 | £200,000 | 75 WESTBOROUGH ROAD |
| 6 Mar 2023 | £141,332 | £140,000 | 50A INVERNESS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Inverness Avenue |
| Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Inverness Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Inverness Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Inverness Avenue |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Inverness Avenue |