£245,063
This estimated value is based upon the latest sale price for the house of £87,500 on 30 Jul 2002. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £87,500 | 30 Jul 2002 |
| Terraced |
| 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 2002 the House Price Index for SOUTHEND-ON-SEA was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £87,500 results in an estimated price of approximately £245,063.
| 30 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.6 | 180.072 % | £87,500 | £157,563 | £245,063 |
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 | 115.139 % | £100,746 | £188,246 |
| 3 Month Average | 145.436 % | £127,256 | £214,756 |
| 6 Month Average | 192.585 % | £168,512 | £256,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £279,133 | £275,000 | 48 TORRINGTON |
| 17 Feb 2023 | £464,687 | £465,000 | 16A TORRINGTON |
| 4 May 2022 | £412,778 | £405,000 | 14 BRIDGE END COTTAGES NORTH SHOEBURY ROAD |
| 22 Apr 2022 | £245,092 | £238,000 | 11 BRIDGE COTTAGES NORTH SHOEBURY ROAD |
| 5 Apr 2022 | £415,009 | £403,000 | 16 BRIDGE END COTTAGES NORTH SHOEBURY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Armagh Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Armagh Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Armagh Road |
| Mar 2024 | Robbery | Unable to prosecute suspect | On or near Armagh Road |