£255,467
This estimated value is based upon the latest sale price for the house of £210,000 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £210,000 | 5 Nov 2018 |
| £210,000 | 23 Mar 2007 |
| Freehold |
| Floor Area: 52 sq meters or 559 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 November 2018 the House Price Index for SOUTHEND-ON-SEA was 120.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.651%.Applying this 21.651% change to the original purchase price of £210,000 results in an estimated price of approximately £255,467.
| 5 Nov 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 146.7 | 21.651 % | £210,000 | £45,467 | £255,467 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 24.667 % | £51,799 | £261,799 |
| 3 Month Average | -0.838 % | £-1,759 | £208,240 |
| 6 Month Average | 8.980 % | £18,858 | £228,858 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 24 Mar 2016.
The average size of a house on COMMERCIAL ROAD is 88 sq meters (952 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Road |
| Feb 2024 | Drugs | Local resolution | On or near Commercial Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Commercial Road |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Commercial Road |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Commercial Road |