£265,514
This estimated value is based upon the latest sale price for the house of £264,800 on 20 Jul 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £264,800 | 20 Jul 2022 |
| £1,050,000 | 28 May 2019 |
| 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 July 2022 the House Price Index for SOUTHEND-ON-SEA was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £264,800 results in an estimated price of approximately £265,514.
| 20 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £264,800 | £714 | £265,514 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 6.221 % | £16,473 | £281,273 |
| 3 Month Average | -8.104 % | £-21,459 | £243,340 |
| 6 Month Average | -2.814 % | £-7,450 | £257,349 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jan 2023 | £350,350 | £352,000 | 18 WEYBOURNE GARDENS |
| 17 Oct 2022 | £281,964 | £285,000 | 342 BOURNEMOUTH PARK ROAD |
| 20 Jul 2022 | £265,515 | £264,800 | BOOTS AND LACES TRAINING GROUND, 123 EASTERN AVENUE |
| 28 Jun 2022 | £299,229 | £295,000 | 336 BOURNEMOUTH PARK ROAD |
| 10 Jun 2022 | £355,017 | £350,000 | 6 WEYBOURNE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Eastern Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Weybourne Gardens |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Waltham Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Waltham Crescent |