£975,405
This estimated value is based upon the latest sale price for the house of £980,000 on 17 Jan 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £980,000 | 17 Jan 2023 |
| £750,000 | 11 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 January 2023 the House Price Index for SOUTHEND-ON-SEA was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £980,000 results in an estimated price of approximately £975,405.
| 17 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £980,000 | £-4,594 | £975,405 |
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 | -27.137 % | £-265,938 | £714,061 |
| 3 Month Average | 3.941 % | £38,622 | £1,018,622 |
| 6 Month Average | -4.968 % | £-48,682 | £931,317 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £1,185,153 | £1,170,000 | 25 DAINES WAY |
| 12 Jun 2023 | £657,970 | £650,000 | 72 BARNSTAPLE ROAD |
| 17 Jan 2023 | £975,405 | £980,000 | SHALDON DAINES CLOSE |
| 15 Jul 2022 | £812,186 | £810,000 | 53 BURLESCOOMBE ROAD |
| 14 Jul 2022 | £842,267 | £840,000 | 45 DAINES WAY |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 29 Jun 2018. Using an estimated price of £975,405 means this house is valued at £5,542 per sq meter (£514 per sq foot).
The average size of a house on DAINES CLOSE is 244 sq meters (2,626 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Daines Way | |
| Dec 2023 | Anti-social behaviour | On or near Daines Way | |
| Dec 2023 | Anti-social behaviour | On or near Daines Way | |
| Dec 2023 | Anti-social behaviour | On or near Daines Way | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Burleigh Square |