£348,700
This estimated value is based upon the latest sale price for the house of £325,000 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 |
|---|---|
| £325,000 | 25 Jun 2021 |
| £236,000 | 14 Dec 2012 |
| £249,995 | 28 Feb 2003 |
| £169,089 | 24 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 £325,000 results in an estimated price of approximately £348,700.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £325,000 | £23,700 | £348,700 |
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 % | £-117,789 | £207,210 |
| 3 Month Average | -24.200 % | £-78,650 | £246,349 |
| 6 Month Average | -3.721 % | £-12,091 | £312,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £245,637 | £242,000 | FLAT 34 LADY HAMILTON COURT, 50 BARNSTAPLE ROAD |
| 14 Jul 2023 | £679,141 | £670,000 | 33 ACACIA DRIVE |
| 12 Jun 2023 | £657,970 | £650,000 | 72 BARNSTAPLE ROAD |
| 25 Nov 2022 | £296,410 | £300,000 | FLAT 16 ALEXANDER HEIGHTS, 201 THE BROADWAY |
| 3 Aug 2022 | £305,179 | £306,000 | FLAT 18 ALEXANDER HEIGHTS, 201 THE BROADWAY |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Oct 2019. Using an estimated price of £348,700 means this house is valued at £4,588 per sq meter (£426 per sq foot).
The average size of a house on THE BROADWAY is 146 sq meters (1,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |