£331,555
This estimated value is based upon the latest sale price for the house of £263,000 on 17 Nov 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 |
---|---|
£263,000 | 17 Nov 2017 |
Freehold |
Floor Area: 95 sq meters or 1,022 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 November 2017 the House Price Index for SOUTHEND-ON-SEA was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £263,000 results in an estimated price of approximately £331,555.
17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £263,000 | £68,555 | £331,555 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 27.370 % | £71,982 | £334,982 |
3 Month Average | 16.440 % | £43,238 | £306,238 |
6 Month Average | 16.495 % | £43,382 | £306,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £271,012 | £267,000 | 23 EASTERN AVENUE |
25 Sep 2023 | £330,222 | £326,000 | 54 EASTERN AVENUE |
2 Aug 2023 | £438,839 | £435,000 | 34 EASTERN AVENUE |
28 Feb 2023 | £199,866 | £200,000 | 15 ROSSHILL INDUSTRIAL PARK |
20 Feb 2023 | £357,260 | £357,500 | 46 EASTERN AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 27 Jun 2017. Using an estimated price of £331,556 means this house is valued at £3,490 per sq meter (£324 per sq foot).
The average size of a house on SUTTON ROAD is 74 sq meters (807 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bentalls Close |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Bentalls Close |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Bentalls Close |
Mar 2024 | Burglary | Under investigation | On or near Cromwell Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Road |