£267,609
This estimated value is based upon the latest sale price for the house of £195,000 on 15 Jan 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 |
|---|---|
| £195,000 | 15 Jan 2016 |
| £134,995 | 24 Nov 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2016 the House Price Index for SOUTHEND-ON-SEA was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £195,000 results in an estimated price of approximately £267,609.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £195,000 | £72,609 | £267,609 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 96.769 % | £188,699 | £383,699 |
| 3 Month Average | 25.663 % | £50,043 | £245,043 |
| 6 Month Average | 22.240 % | £43,367 | £238,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £304,093 | £300,000 | 12 PLAS NEWYDD CLOSE |
| 30 Jun 2023 | £258,127 | £255,000 | 23A PLAS NEWYDD |
| 27 Apr 2023 | £365,940 | £362,000 | 174C EASTERN ESPLANADE |
| 5 Aug 2022 | £388,953 | £390,000 | 184 SHAFTESBURY AVENUE |
| 27 Apr 2022 | £432,516 | £420,000 | 180 SHAFTESBURY AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 25 Mar 2014. Using an estimated price of £267,609 means this house is valued at £3,994 per sq meter (£371 per sq foot).
The average size of a house on PLAS NEWYDD CLOSE is 70 sq meters (757 sq feet).
This house is the largest in the street with a floor area of 67 sq meters (721 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |