£622,296
This estimated value is based upon the latest sale price for the house of £580,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £580,000 | 25 Jun 2021 |
| £160,000 | 12 Jul 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 June 2021 the House Price Index for SOUTHEND-ON-SEA was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £580,000 results in an estimated price of approximately £622,296.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £580,000 | £42,296 | £622,296 |
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 | -36.243 % | £-210,209 | £369,790 |
| 3 Month Average | -24.200 % | £-140,361 | £439,638 |
| 6 Month Average | -3.721 % | £-21,579 | £558,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £244,274 | £240,000 | 73 STATION ROAD |
| 22 Jun 2023 | £404,905 | £400,000 | 171 MAPLIN WAY |
| 24 Apr 2023 | £222,395 | £220,000 | 71A STATION ROAD |
| 14 Jan 2022 | £578,824 | £550,000 | 168 BARNSTAPLE ROAD |
| 22 Nov 2021 | £559,143 | £517,000 | 21 MARCUS AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 18 Jan 2013. Using an estimated price of £622,296 means this house is valued at £4,444 per sq meter (£412 per sq foot).
The average size of a house on MARCUS AVENUE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Station Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |