£298,256
This estimated value is based upon the latest sale price for the house of £125,000 on 27 May 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 |
|---|---|
| £125,000 | 27 May 2003 |
| Semi-Detached |
| Freehold |
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 May 2003 the House Price Index for SOUTHEND-ON-SEA was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £125,000 results in an estimated price of approximately £298,256.
| 27 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £125,000 | £173,256 | £298,256 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 77.775 % | £97,219 | £222,219 |
| 3 Month Average | 123.624 % | £154,529 | £279,529 |
| 6 Month Average | 146.362 % | £182,952 | £307,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £296,740 | £290,000 | 40 FRIARS STREET |
| 24 Feb 2023 | £327,186 | £325,000 | FRIARS COTTAGE FRIARS STREET |
| 16 Feb 2023 | £337,253 | £335,000 | JUBILEE COTTAGE FRIARS STREET |
| 17 Jan 2023 | £350,938 | £350,000 | 4 SHOEBURY AVENUE |
| 3 Aug 2022 | £355,161 | £353,500 | 15 WALLACE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Terminal Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Drugs | Awaiting court outcome | On or near Parking Area |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Shoeburyness |