£2,376,497
This estimated value is based upon the latest sale price for the house of £1,875,000 on 29 Sep 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 |
|---|---|
| £1,875,000 | 29 Sep 2017 |
| £29,375 | 6 Aug 1996 |
| 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 September 2017 the House Price Index for SOUTHEND-ON-SEA was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £1,875,000 results in an estimated price of approximately £2,376,497.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £1,875,000 | £501,497 | £2,376,497 |
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 | 14.742 % | £276,410 | £2,151,410 |
| 3 Month Average | 0.420 % | £7,874 | £1,882,874 |
| 6 Month Average | 13.169 % | £246,923 | £2,121,923 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £242,649 | £242,649 | FLAT 100 27 VICTORIA AVENUE |
| 8 Mar 2024 | £125,000 | £125,000 | FLAT 502 SKYLINE PLAZA, 45 VICTORIA AVENUE |
| 7 Jun 2023 | £217,636 | £215,000 | FLAT 803 SKYLINE PLAZA, 45 VICTORIA AVENUE |
| 10 Oct 2022 | £283,448 | £286,500 | FLAT 82 27 VICTORIA AVENUE |
| 3 Oct 2022 | £255,746 | £258,500 | FLAT 87 27 VICTORIA AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | 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 | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |