£3,955,133
This estimated value is based upon the latest sale price for the house of £3,500,000 on 18 May 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £3,500,000 | 18 May 2021 |
| 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 May 2021 the House Price Index for SOUTHEND-ON-SEA was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £3,500,000 results in an estimated price of approximately £3,955,133.
| 18 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £3,500,000 | £455,133 | £3,955,133 |
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 | -21.912 % | £-766,926 | £2,733,073 |
| 3 Month Average | 1.155 % | £40,416 | £3,540,416 |
| 6 Month Average | -15.156 % | £-530,470 | £2,969,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2022 | £344,874 | £340,000 | 74 LITTLE THORPE |
| 25 Mar 2022 | £476,681 | £460,000 | 72 SHOEBURY ROAD |
| 25 Mar 2022 | £341,967 | £330,000 | 89 SHOEBURY ROAD |
| 27 Aug 2021 | £451,824 | £405,000 | 9 ARMITAGE ROAD |
| 18 May 2021 | £3,955,133 | £3,500,000 | L A FITNESS CLUB BOURNES GREEN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Albert Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Little Thorpe |