£234,966
This estimated value is based upon the latest sale price for the house of £185,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £185,000 | 25 Aug 2017 |
| £67,750 | 2 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 August 2017 the House Price Index for SOUTHEND-ON-SEA was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £185,000 results in an estimated price of approximately £234,966.
| 25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £185,000 | £49,966 | £234,966 |
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 | 32.532 % | £60,183 | £245,183 |
| 3 Month Average | 0.561 % | £1,037 | £186,037 |
| 6 Month Average | 6.991 % | £12,932 | £197,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £268,982 | £265,000 | FLAT 20 NEVYLL COURT, 31 STATION ROAD |
| 10 Nov 2023 | £167,480 | £165,000 | FLAT 32 NEVYLL COURT, 31 STATION ROAD |
| 26 Sep 2023 | £172,197 | £169,995 | FLAT 8 BURGES COURT STATION ROAD |
| 8 Sep 2023 | £314,015 | £310,000 | 3 ST JAMES MANSIONS, 159 ST JAMES AVENUE |
| 7 Jun 2023 | £180,183 | £178,000 | FLAT 17 NEVYLL COURT, 31 STATION ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 16 May 2017. Using an estimated price of £234,966 means this house is valued at £4,433 per sq meter (£411 per sq foot).
The average size of a house on STATION ROAD is 59 sq meters (644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Road |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Station Road |