£142,761
This estimated value is based upon the latest sale price for the house of £145,000 on 16 Aug 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Petrol Station
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| Price Paid | Date |
|---|---|
| £145,000 | 16 Aug 2022 |
| £154,000 | 8 Mar 2019 |
| 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 2022 the House Price Index for SOUTHEND-ON-SEA was 149.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -1.544%.Applying this -1.544% change to the original purchase price of £145,000 results in an estimated price of approximately £142,761.
| 16 Aug 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 146.7 | -1.544 % | £145,000 | £-2,238 | £142,761 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -10.155 % | £-14,724 | £130,275 |
| 3 Month Average | -7.614 % | £-11,039 | £133,960 |
| 6 Month Average | 0.758 % | £1,099 | £146,099 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Oct 2018.
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Burglary | Under investigation | On or near Petrol Station |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Petrol Station |