£264,483
This estimated value is based upon the latest sale price for the house of £168,500 on 9 May 2008. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £168,500 | 9 May 2008 |
| £136,500 | 14 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2008 the House Price Index for SOUTHEND-ON-SEA was 93.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.963%.Applying this 56.963% change to the original purchase price of £168,500 results in an estimated price of approximately £264,483.
| 9 May 2008 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 146.7 | 56.963 % | £168,500 | £95,983 | £264,483 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 83.762 % | £141,138 | £309,638 |
| 3 Month Average | 60.451 % | £101,860 | £270,360 |
| 6 Month Average | 76.996 % | £129,738 | £298,238 |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Feb 2014.
The average size of a house on LONDON ROAD is 72 sq meters (780 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lapwater Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Lapwater Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lapwater Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hazel Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hazel Close |