£205,542
This estimated value is based upon the latest sale price for the house of £132,000 on 4 Apr 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£132,000 | 4 Apr 2014 |
£122,950 | 7 Oct 2005 |
£121,000 | 26 Jan 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 April 2014 the House Price Index for SOUTHEND-ON-SEA was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £132,000 results in an estimated price of approximately £205,542.
4 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £132,000 | £73,542 | £205,542 |
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 | 80.342 % | £106,051 | £238,051 |
3 Month Average | 35.886 % | £47,368 | £179,368 |
6 Month Average | 32.255 % | £42,576 | £174,576 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £233,138 | £230,000 | FLAT 15 MELVILLE COURT VICTORIA ROAD |
1 Jun 2023 | £293,556 | £290,000 | 45A KENSINGTON ROAD |
24 Feb 2023 | £189,872 | £190,000 | 19 VICTORIA ROAD |
31 Mar 2022 | £452,847 | £437,000 | 20 VICTORIA ROAD |
21 Dec 2021 | £401,766 | £375,000 | 50 VICTORIA ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Sep 2013. Using an estimated price of £205,542 means this house is valued at £2,815 per sq meter (£261 per sq foot).
The average size of a house on VICTORIA ROAD is 89 sq meters (960 sq feet).