£295,976
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Aug 2000 |
| £58,000 | 26 Oct 1998 |
| Semi-Detached |
| 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 August 2000 the House Price Index for SOUTHEND-ON-SEA was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £80,000 results in an estimated price of approximately £295,976.
| 11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £80,000 | £215,976 | £295,976 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 695.932 % | £556,745 | £636,745 |
| 3 Month Average | 360.658 % | £288,526 | £368,526 |
| 6 Month Average | 377.415 % | £301,932 | £381,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £293,956 | £290,000 | 2 WATERLOO ROAD |
| 10 Jul 2023 | £354,775 | £350,000 | 74 RICHMOND AVENUE |
| 19 Jun 2023 | £217,636 | £215,000 | 79 RICHMOND AVENUE |
| 20 Apr 2022 | £344,983 | £335,000 | 9 RICHMOND AVENUE |
| 30 Sep 2021 | £369,075 | £342,500 | 28 RICHMOND AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waterloo Road |