£421,256
This estimated value is based upon the latest sale price for the house of £341,000 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £341,000 | 31 Jan 2019 |
| £212,000 | 29 Jan 2010 |
| £79,500 | 21 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £341,000 results in an estimated price of approximately £421,256.
| 31 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £341,000 | £80,256 | £421,256 |
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 | 23.341 % | £79,591 | £420,591 |
| 3 Month Average | -1.275 % | £-4,347 | £336,652 |
| 6 Month Average | -6.160 % | £-21,006 | £319,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £78,050 | £77,000 | FLAT C 209 YORK ROAD |
| 7 Jul 2023 | £461,207 | £455,000 | 35 CHELTENHAM ROAD |
| 13 Apr 2023 | £427,099 | £422,500 | 226 YORK ROAD |
| 24 Feb 2023 | £644,566 | £645,000 | 208 YORK ROAD |
| 24 Jun 2022 | £263,727 | £260,000 | 55A CHELTENHAM ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 11 Jan 2018. Using an estimated price of £421,256 means this house is valued at £3,974 per sq meter (£369 per sq foot).
The average size of a house on LEAMINGTON ROAD is 98 sq meters (1,063 sq feet).