£326,411
This estimated value is based upon the latest sale price for the house of £295,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £295,000 | 15 Oct 2021 |
| £82,000 | 31 Oct 2007 |
| £60,000 | 4 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2021 the House Price Index for SOUTHEND-ON-SEA was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £295,000 results in an estimated price of approximately £326,411.
| 15 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £295,000 | £31,411 | £326,411 |
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 | 29.795 % | £87,895 | £382,895 |
| 3 Month Average | 15.482 % | £45,671 | £340,671 |
| 6 Month Average | -11.705 % | £-34,529 | £260,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2022 | £229,529 | £232,000 | 85 CHINCHILLA ROAD |
| 6 May 2022 | £182,438 | £179,000 | 35 BRIGHTON AVENUE |
| 3 May 2022 | £285,377 | £280,000 | 54 CHINCHILLA ROAD |
| 8 Apr 2022 | £254,360 | £247,000 | 5 BRIGHTON AVENUE |
| 1 Apr 2022 | £216,258 | £210,000 | 5 CHINCHILLA ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 May 2021. Using an estimated price of £326,411 means this house is valued at £3,626 per sq meter (£336 per sq foot).
The average size of a house on CHINCHILLA ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Chinchilla Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dalmatia Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brighton Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Brighton Avenue |