£435,569
This estimated value is based upon the latest sale price for the house of £430,000 on 13 Sep 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 |
|---|---|
| £430,000 | 13 Sep 2023 |
| £265,000 | 19 Mar 2015 |
| £239,950 | 23 Jul 2010 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 September 2023 the House Price Index for SOUTHEND-ON-SEA was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £430,000 results in an estimated price of approximately £435,569.
| 13 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £430,000 | £5,569 | £435,569 |
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 | -27.419 % | £-117,903 | £312,096 |
| 3 Month Average | 2.438 % | £10,483 | £440,483 |
| 6 Month Average | -2.580 % | £-11,092 | £418,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £435,569 | £430,000 | 207 RAYLEIGH ROAD |
| 29 Aug 2023 | £353,089 | £350,000 | 57 ST LAWRENCE GARDENS |
| 17 Mar 2023 | £121,141 | £120,000 | 8 PARK VIEW COURT |
| 17 Feb 2023 | £379,744 | £380,000 | 22 ST LAWRENCE GARDENS |
| 17 Feb 2023 | £349,765 | £350,000 | 25 ST LAWRENCE GARDENS |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 29 May 2013. Using an estimated price of £435,569 means this house is valued at £5,185 per sq meter (£481 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hylands Grove |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Hylands Grove |
| Mar 2024 | Anti-social behaviour | On or near Walters Close | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Walters Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Walters Close |