£794,763
This estimated value is based upon the latest sale price for the house of £600,000 on 25 Oct 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £600,000 | 25 Oct 2016 |
| £449,995 | 5 Jul 2007 |
| £112,000 | 18 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 188 sq meters or 2,023 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 2016 the House Price Index for SOUTHEND-ON-SEA was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £600,000 results in an estimated price of approximately £794,763.
| 25 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £600,000 | £194,763 | £794,763 |
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 | 14.494 % | £86,965 | £686,965 |
| 3 Month Average | 6.646 % | £39,878 | £639,878 |
| 6 Month Average | 16.810 % | £100,858 | £700,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £729,325 | £720,000 | 33 LYNTON ROAD |
| 14 Aug 2023 | £781,840 | £775,000 | 5 GLOUCESTER TERRACE |
| 28 Apr 2023 | £869,361 | £860,000 | 18 LYNTON ROAD |
| 1 Feb 2023 | £259,825 | £260,000 | FLAT 2 WATERS MEAD THORPE HALL AVENUE |
| 5 Sep 2022 | £1,239,987 | £1,250,000 | 12 BURGES ROAD |
This house has a floor area of 188 sq meters or 2,023 sq feet when measured on 18 May 2016. Using an estimated price of £794,763 means this house is valued at £4,227 per sq meter (£392 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 145 sq meters (1,563 sq feet).
This house is the largest in the street with a floor area of 188 sq meters (2,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Burges Terrace |
| Dec 2023 | Drugs | Local resolution | On or near Burges Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1016 |
| Mar 2024 | Other theft | Under investigation | On or near B1016 |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1016 |