£119,430
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Mar 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £120,000 | 7 Mar 2023 |
| £125,000 | 21 Jul 2020 |
| £250,000 | 1 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 March 2023 the House Price Index for SOUTHEND-ON-SEA was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £120,000 results in an estimated price of approximately £119,430.
| 7 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £120,000 | £-569 | £119,430 |
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 | -24.743 % | £-29,691 | £90,308 |
| 3 Month Average | -28.169 % | £-33,802 | £86,197 |
| 6 Month Average | -9.769 % | £-11,723 | £108,276 |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 14 May 2015.
There is one other house on the street which we know the size of, this is 7A CLARENCE ROAD it is 42.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clarence Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Clarence Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Nov 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |