£261,234
This estimated value is based upon the latest sale price for the house of £207,000 on 18 Oct 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£207,000 | 18 Oct 2017 |
£145,000 | 31 Aug 2006 |
£60,995 | 31 Jul 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 724 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 2017 the House Price Index for SOUTHEND-ON-SEA was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £207,000 results in an estimated price of approximately £261,234.
18 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £207,000 | £54,234 | £261,234 |
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 | -8.563 % | £-17,725 | £189,274 |
3 Month Average | -15.686 % | £-32,470 | £174,529 |
6 Month Average | -0.085 % | £-175 | £206,824 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £160,061 | £162,000 | FLAT B 5 AVENUE ROAD |
19 Aug 2022 | £593,403 | £595,000 | 9 AVENUE ROAD |
25 May 2022 | £214,033 | £210,000 | FLAT F 5 AVENUE ROAD |
24 May 2022 | £112,622 | £110,500 | 44B AVENUE ROAD |
20 May 2022 | £219,129 | £215,000 | 2 PARKGATE |
This house has a floor area of 67 sq meters or 724 sq feet when measured on 24 Feb 2009. Using an estimated price of £261,234 means this house is valued at £3,881 per sq meter (£360 per sq foot).
The average size of a house on PARK CRESCENT is 118 sq meters (1,273 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Crescent |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Park Crescent |
Mar 2024 | Anti-social behaviour | On or near Park Road |