£428,374
This estimated value is based upon the latest sale price for the house of £293,500 on 8 May 2015. 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 Parkway Close
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Price Paid | Date |
---|---|
£293,500 | 8 May 2015 |
£225,000 | 20 Sep 2013 |
£138,000 | 15 Feb 2002 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 May 2015 the House Price Index for SOUTHEND-ON-SEA was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £293,500 results in an estimated price of approximately £428,374.
8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £293,500 | £134,874 | £428,374 |
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 | 9.575 % | £28,103 | £321,603 |
3 Month Average | 41.366 % | £121,409 | £414,909 |
6 Month Average | 45.383 % | £133,198 | £426,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £473,281 | £465,000 | 8 THE SPINNEYS |
6 Dec 2023 | £295,164 | £290,000 | 91 FAIRFIELD ROAD |
21 Nov 2023 | £380,635 | £375,000 | 76 FAIRFIELD GARDENS |
13 Nov 2023 | £456,762 | £450,000 | 16 THE SPINNEYS |
29 Jun 2023 | £531,437 | £525,000 | 25 PADDOCK CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 2 Oct 2015. Using an estimated price of £428,375 means this house is valued at £4,241 per sq meter (£394 per sq foot).
The average size of a house on THE SPINNEYS is 133 sq meters (1,440 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,087 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkway Close |
Jan 2024 | Burglary | Under investigation | On or near Parkway Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Kendal Way |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Winchester Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Gardens |