£463,258
This estimated value is based upon the latest sale price for the house of £375,000 on 21 Jan 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 |
|---|---|
| £375,000 | 21 Jan 2019 |
| £139,995 | 12 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 January 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £375,000 results in an estimated price of approximately £463,258.
| 21 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £375,000 | £88,258 | £463,258 |
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 | 21.227 % | £79,599 | £454,599 |
| 3 Month Average | 4.867 % | £18,250 | £393,250 |
| 6 Month Average | 17.802 % | £66,757 | £441,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £463,103 | £455,000 | 7 MEAKINS CLOSE |
| 8 Sep 2023 | £389,986 | £385,000 | 2 YOUNG CLOSE |
| 28 Jul 2023 | £339,570 | £335,000 | 139 NEIL ARMSTRONG WAY |
| 6 Jul 2023 | £314,229 | £310,000 | 10 MEAKINS CLOSE |
| 11 Apr 2023 | £204,704 | £202,500 | 3 THE BENTLEYS |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 7 Sep 2018. Using an estimated price of £463,258 means this house is valued at £7,720 per sq meter (£717 per sq foot).
The average size of a house on MEAKINS CLOSE is 79 sq meters (854 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meakins Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Young Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Young Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Young Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Young Close |