£309,813
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Jul 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 19 Jul 2018 |
| Leasehold |
| Floor Area: 168 sq meters or 1,808 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 2018 the House Price Index for SOUTHEND-ON-SEA was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £250,000 results in an estimated price of approximately £309,813.
| 19 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £250,000 | £59,813 | £309,813 |
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 | 14.058 % | £35,144 | £285,144 |
| 3 Month Average | -2.457 % | £-6,141 | £243,858 |
| 6 Month Average | 9.472 % | £23,679 | £273,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £213,740 | £210,000 | FLAT 9 THE REACH, 687 - 693 LONDON ROAD |
| 27 Nov 2023 | £130,939 | £129,000 | 30 KINGSWELL, 65 IMPERIAL AVENUE |
| 31 Aug 2023 | £218,915 | £217,000 | 10A WESTMINSTER DRIVE |
| 25 Aug 2023 | £295,586 | £293,000 | FLAT 7 CHALKWELL PARK HOUSE, 2 CHALKWELL AVENUE |
| 8 Aug 2023 | £250,189 | £248,000 | 12 KINGSWELL, 65 IMPERIAL AVENUE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 28 Apr 2016. Using an estimated price of £309,814 means this house is valued at £1,844 per sq meter (£171 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (734 sq feet).