£157,706
This estimated value is based upon the latest sale price for the house of £70,000 on 17 Sep 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £70,000 | 17 Sep 2003 |
| £65,000 | 9 Apr 2003 |
| £58,500 | 11 Jun 2002 |
| £24,000 | 2 Dec 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 September 2003 the House Price Index for SOUTHEND-ON-SEA was 65.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 125.295%.Applying this 125.295% change to the original purchase price of £70,000 results in an estimated price of approximately £157,706.
| 17 Sep 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 146.7 | 125.295 % | £70,000 | £87,706 | £157,706 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 54.024 % | £37,816 | £107,816 |
| 3 Month Average | 107.080 % | £74,956 | £144,956 |
| 6 Month Average | 130.662 % | £91,463 | £161,463 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 4 Feb 2020.
The average size of a house on CUMBERLAND AVENUE is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Edmund'S Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Peartree Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Peartree Close |