£851,414
This estimated value is based upon the latest sale price for the house of £660,000 on 31 Jan 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There have been two burglaries within the last year on or near Hill Road
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| Price Paid | Date |
|---|---|
| £660,000 | 31 Jan 2017 |
| £112,000 | 17 May 2010 |
| £93,500 | 29 Jun 2007 |
| £84,995 | 11 May 2005 |
| £27,500 | 11 Nov 1998 |
| Leasehold |
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 2017 the House Price Index for SOUTHEND-ON-SEA was 113.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.002%.Applying this 29.002% change to the original purchase price of £660,000 results in an estimated price of approximately £851,414.
| 31 Jan 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 146.7 | 29.002 % | £660,000 | £191,414 | £851,414 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | -12.933 % | £-85,356 | £574,643 |
| 3 Month Average | 9.572 % | £63,177 | £723,177 |
| 6 Month Average | 22.889 % | £151,066 | £811,066 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Hill Road |
| Mar 2024 | Other crime | Under investigation | On or near Hill Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hill Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Hill Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Road |