£118,680
This estimated value is based upon the latest sale price for the house of £76,500 on 30 Nov 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £76,500 | 30 Nov 2007 |
| £37,500 | 30 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 November 2007 the House Price Index for SOUTHEND-ON-SEA was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £76,500 results in an estimated price of approximately £118,680.
| 30 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £76,500 | £42,180 | £118,680 |
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 | 97.332 % | £74,459 | £150,959 |
| 3 Month Average | 45.002 % | £34,426 | £110,926 |
| 6 Month Average | 41.815 % | £31,988 | £108,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £201,017 | £197,500 | 49 AMBLESIDE DRIVE |
| 4 Jul 2023 | £261,013 | £257,500 | 31 FOWLER CLOSE |
| 20 Mar 2023 | £396,566 | £392,830 | 67 AMBLESIDE DRIVE |
| 18 Aug 2022 | £111,699 | £112,000 | FLAT 5 THE YARD, 17 - 19 CHASE ROAD |
| 29 Jul 2022 | £267,721 | £267,000 | 23 FOWLER CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 1 Aug 2020. Using an estimated price of £118,681 means this house is valued at £1,465 per sq meter (£136 per sq foot).
The average size of a house on FOWLER CLOSE is 75 sq meters (811 sq feet).
This house is the largest in the street with a floor area of 81 sq meters (871 sq feet).