£162,124
This estimated value is based upon the latest sale price for the house of £47,300 on 14 May 2001. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £47,300 | 14 May 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2001 the House Price Index for SOUTHEND-ON-SEA was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £47,300 results in an estimated price of approximately £162,124.
| 14 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 148.6 | 242.757 % | £47,300 | £114,824 | £162,124 |
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 | 206.120 % | £97,494 | £144,794 |
| 3 Month Average | 290.771 % | £137,534 | £184,834 |
| 6 Month Average | 273.280 % | £129,261 | £176,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £71,052 | £70,000 | FLAT 1 1 QUEBEC AVENUE |
| 22 Mar 2023 | £154,455 | £153,000 | 1A PORTLAND AVENUE |
| 22 Feb 2023 | £339,771 | £340,000 | 16 PORTLAND AVENUE |
| 15 Jul 2022 | £165,445 | £165,000 | 1 BALTIC AVENUE |
| 13 Jul 2022 | £426,147 | £425,000 | 11 PORTLAND AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Queensway |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Queensway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensway |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Whitegate Road |