£321,065
This estimated value is based upon the latest sale price for the house of £260,000 on 21 Sep 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 |
|---|---|
| £260,000 | 21 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2018 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £260,000 results in an estimated price of approximately £321,065.
| 21 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £260,000 | £61,065 | £321,065 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 7.667 % | £19,934 | £279,934 |
| 3 Month Average | -0.643 % | £-1,672 | £258,327 |
| 6 Month Average | 18.391 % | £47,816 | £307,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Sep 2022 | £407,212 | £410,500 | 26 CHESTERFIELD CRESCENT |
| 21 Jul 2022 | £335,904 | £335,000 | 18 CHESTERFIELD CRESCENT |
| 15 Jun 2022 | £304,300 | £300,000 | 18 MANSELL CLOSE |
| 6 Jun 2022 | £405,734 | £400,000 | 85 PINEWOOD AVENUE |
| 23 May 2022 | £361,818 | £355,000 | 41 HUDSON ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 15 Nov 2017. Using an estimated price of £321,065 means this house is valued at £5,263 per sq meter (£488 per sq foot).
The average size of a house on PINEWOOD AVENUE is 79 sq meters (850 sq feet).