£252,234
This estimated value is based upon the latest sale price for the house of £157,950 on 31 May 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £157,950 | 31 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 May 2007 the House Price Index for SOUTHEND-ON-SEA was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £157,950 results in an estimated price of approximately £252,234.
| 31 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.6 | 59.693 % | £157,950 | £94,284 | £252,234 |
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 | 52.876 % | £83,517 | £241,467 |
| 3 Month Average | 70.723 % | £111,707 | £269,657 |
| 6 Month Average | 59.617 % | £94,165 | £252,115 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £222,698 | £220,000 | 9 HONITON ROAD |
| 9 Feb 2023 | £289,805 | £290,000 | FLAT 5 FREEMAN COURT, 1 HONITON ROAD |
| 31 Jan 2023 | £338,406 | £340,000 | 82 SOUTHCHURCH AVENUE |
| 4 Jan 2023 | £216,480 | £217,500 | 11A CHELTENHAM ROAD |
| 23 Sep 2022 | £200,382 | £202,000 | 8 HONITON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 27 Apr 2012. Using an estimated price of £252,235 means this house is valued at £4,425 per sq meter (£411 per sq foot).
The average size of a house on HONITON ROAD is 81 sq meters (872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Honiton Road | |
| Mar 2024 | Other theft | Under investigation | On or near Honiton Road |
| Mar 2024 | Robbery | Under investigation | On or near Honiton Road |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Honiton Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honiton Road |