£652,472
This estimated value is based upon the latest sale price for the house of £490,000 on 5 Jul 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 |
---|---|
£490,000 | 5 Jul 2016 |
Detached |
Freehold |
Floor Area: 158 sq meters or 1,700 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 July 2016 the House Price Index for SOUTHEND-ON-SEA was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £490,000 results in an estimated price of approximately £652,472.
5 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £490,000 | £162,472 | £652,472 |
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 | -1.989 % | £-9,745 | £480,254 |
3 Month Average | 27.183 % | £133,196 | £623,196 |
6 Month Average | 20.745 % | £101,649 | £591,649 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £254,452 | £250,000 | FLAT 13 SOUTH JUSTINS THORPE HALL AVENUE |
24 Jul 2023 | £765,300 | £755,000 | 39 WILLINGALE WAY |
14 Apr 2023 | £217,340 | £215,000 | 27 WILLINGALE WAY |
1 Sep 2022 | £278,749 | £281,000 | FLAT 15 SOUTH JUSTINS THORPE HALL AVENUE |
27 Jun 2022 | £750,608 | £740,000 | 274 THORPE HALL AVENUE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 2 Mar 2016. Using an estimated price of £652,472 means this house is valued at £4,129 per sq meter (£383 per sq foot).
The average size of a house on WILLINGALE WAY is 169 sq meters (1,826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Willows |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Broadclyst Close |
Jan 2024 | Anti-social behaviour | On or near Broadclyst Close | |
Jan 2024 | Anti-social behaviour | On or near Broadclyst Close | |
Jan 2024 | Anti-social behaviour | On or near Broadclyst Close |