£304,127
This estimated value is based upon the latest sale price for the house of £180,000 on 17 Dec 2010. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £180,000 | 17 Dec 2010 |
| £180,000 | 10 Sep 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 879 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 December 2010 the House Price Index for SOUTHEND-ON-SEA was 86.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £180,000 results in an estimated price of approximately £304,127.
| 17 Dec 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 146.7 | 68.960 % | £180,000 | £124,127 | £304,127 |
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 | 0.455 % | £818 | £180,818 |
| 3 Month Average | 35.529 % | £63,952 | £243,952 |
| 6 Month Average | 33.297 % | £59,933 | £239,933 |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 24 Sep 2010.
The average size of a house on COLBERT AVENUE is 102 sq meters (1,103 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Warwick Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenways |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenways |