£610,433
This estimated value is based upon the latest sale price for the house of £500,000 on 26 Apr 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £500,000 | 26 Apr 2019 |
| £249,995 | 30 Oct 2009 |
| £156,000 | 31 Mar 2000 |
| £76,000 | 14 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 145 sq meters or 1,563 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 April 2019 the House Price Index for SOUTHEND-ON-SEA was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £500,000 results in an estimated price of approximately £610,433.
| 26 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £500,000 | £110,433 | £610,433 |
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 | 1.157 % | £5,784 | £505,784 |
| 3 Month Average | 17.237 % | £86,185 | £586,185 |
| 6 Month Average | 3.598 % | £17,987 | £517,987 |
This house has a floor area of 145 sq meters or 1,563 sq feet when measured on 27 Apr 2009.
The average size of a house on EASTERN ESPLANADE is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bryant Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |