£319,946
This estimated value is based upon the latest sale price for the house of £260,000 on 15 Aug 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Ely Road
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| Price Paid | Date |
|---|---|
| £260,000 | 15 Aug 2019 |
| £62,000 | 1 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 August 2019 the House Price Index for SOUTHEND-ON-SEA was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £260,000 results in an estimated price of approximately £319,946.
| 15 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £260,000 | £59,946 | £319,946 |
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 | 3.355 % | £8,723 | £268,723 |
| 3 Month Average | -0.793 % | £-2,060 | £257,939 |
| 6 Month Average | 6.491 % | £16,877 | £276,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £270,458 | £267,000 | 109 CENTRAL AVENUE |
| 14 Oct 2022 | £306,698 | £310,000 | 9 ELY ROAD |
| 14 Sep 2022 | £220,222 | £222,000 | 120 NORTH AVENUE |
| 27 Jun 2022 | £344,874 | £340,000 | 103 NORTH AVENUE |
| 31 Mar 2022 | £334,713 | £323,000 | 131 CENTRAL AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 14 May 2014. Using an estimated price of £319,947 means this house is valued at £3,720 per sq meter (£345 per sq foot).
The average size of a house on NORTH AVENUE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ely Road |
| Mar 2024 | Burglary | Under investigation | On or near Ely Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ely Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ely Road |
| Feb 2024 | Other crime | Under investigation | On or near Ely Road |