£200,991
This estimated value is based upon the latest sale price for the house of £130,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £130,000 | 30 May 2014 |
| £94,995 | 17 Jul 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 May 2014 the House Price Index for SOUTHEND-ON-SEA was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £130,000 results in an estimated price of approximately £200,991.
| 30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £130,000 | £70,991 | £200,991 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 50.682 % | £65,886 | £195,886 |
| 3 Month Average | 34.626 % | £45,013 | £175,013 |
| 6 Month Average | 44.592 % | £57,969 | £187,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £1,617,415 | £1,600,000 | 659 LONDON ROAD |
| 10 Jan 2023 | £243,851 | £245,000 | 612 LONDON ROAD |
| 3 Nov 2022 | £258,370 | £261,500 | 23 FLEETWOOD AVENUE |
| 22 Jul 2022 | £205,553 | £205,000 | 19A RONALD PARK AVENUE |
| 15 Jul 2022 | £852,294 | £850,000 | TESCO, 667 - 673 LONDON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Jun 2021. Using an estimated price of £200,991 means this house is valued at £2,030 per sq meter (£188 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Mar 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Petrol Station |