£182,655
This estimated value is based upon the latest sale price for the house of £107,500 on 19 Mar 2010. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £107,500 | 19 Mar 2010 |
| £103,000 | 21 Nov 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 March 2010 the House Price Index for SOUTHEND-ON-SEA was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £107,500 results in an estimated price of approximately £182,655.
| 19 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.912 % | £107,500 | £75,155 | £182,655 |
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 | 26.493 % | £28,479 | £135,979 |
| 3 Month Average | 34.647 % | £37,245 | £144,745 |
| 6 Month Average | 39.017 % | £41,943 | £149,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £159,359 | £157,000 | 599A SOUTHCHURCH ROAD |
| 10 Nov 2023 | £334,959 | £330,000 | 577 SOUTHCHURCH ROAD |
| 21 Jul 2023 | £228,070 | £225,000 | 625 SOUTHCHURCH ROAD |
| 28 Jun 2023 | £170,060 | £168,000 | FLAT 28 BLYTH HOUSE, 535 SOUTHCHURCH ROAD |
| 9 Jun 2023 | £253,065 | £250,000 | 20 BELLE VUE AVENUE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 17 Apr 2019. Using an estimated price of £182,656 means this house is valued at £3,886 per sq meter (£361 per sq foot).
The average size of a house on SOUTHCHURCH ROAD is 61 sq meters (666 sq feet).