£525,820
This estimated value is based upon the latest sale price for the house of £400,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £400,000 | 1 Jul 2016 |
| £305,000 | 10 Oct 2014 |
| £122,000 | 26 Nov 2001 |
| £72,500 | 8 Apr 1999 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2016 the House Price Index for SOUTHEND-ON-SEA was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £400,000 results in an estimated price of approximately £525,820.
| 1 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.455 % | £400,000 | £125,820 | £525,820 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 39.315 % | £157,260 | £557,260 |
| 3 Month Average | 15.743 % | £62,970 | £462,970 |
| 6 Month Average | 31.903 % | £127,613 | £527,613 |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 20 Jan 2015.
The average size of a house on NELSON ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silversea Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Silversea Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Kingsway |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Southborough Drive |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Woodcote Road |