£497,514
This estimated value is based upon the latest sale price for the house of £320,000 on 1 Oct 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£320,000 | 1 Oct 2007 |
£118,000 | 28 Oct 1999 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 2007 the House Price Index for SOUTHEND-ON-SEA was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £320,000 results in an estimated price of approximately £497,514.
1 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £320,000 | £177,514 | £497,514 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 76.533 % | £244,905 | £564,905 |
3 Month Average | 59.791 % | £191,330 | £511,330 |
6 Month Average | 80.556 % | £257,779 | £577,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £450,000 | £450,000 | 92 CLIFFSEA GROVE |
24 Aug 2023 | £12,358 | £12,250 | 44 CLIFFSEA GROVE |
27 Jul 2023 | £505,808 | £499,000 | 74 CLIFFSEA GROVE |
17 Jul 2023 | £638,595 | £630,000 | 58 CLIFFSEA GROVE |
24 Mar 2023 | £266,850 | £264,336 | 30 CLIFFSEA GROVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 27 Sep 2017. Using an estimated price of £497,515 means this house is valued at £4,288 per sq meter (£398 per sq foot).
The average size of a house on CLIFFSEA GROVE is 94 sq meters (1,019 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cliffsea Grove |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cliffsea Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cliffsea Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lord Roberts Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lord Roberts Avenue |