£347,242
This estimated value is based upon the latest sale price for the house of £260,000 on 14 Jun 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £260,000 | 14 Jun 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 June 2016 the House Price Index for SOUTHEND-ON-SEA was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £260,000 results in an estimated price of approximately £347,242.
| 14 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £260,000 | £87,242 | £347,242 |
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 | 67.243 % | £174,832 | £434,832 |
| 3 Month Average | 19.008 % | £49,421 | £309,421 |
| 6 Month Average | 18.640 % | £48,464 | £308,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £244,274 | £240,000 | 73 STATION ROAD |
| 26 Jul 2023 | £415,593 | £410,000 | 191 MAPLIN WAY |
| 22 Jun 2023 | £404,905 | £400,000 | 171 MAPLIN WAY |
| 24 Apr 2023 | £222,395 | £220,000 | 71A STATION ROAD |
| 24 Jun 2022 | £507,167 | £500,000 | 176 MAPLIN WAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Feb 2016. Using an estimated price of £347,243 means this house is valued at £3,945 per sq meter (£366 per sq foot).
The average size of a house on STATION ROAD is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Barnstaple Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Barnstaple Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbots Walk |