£269,972
This estimated value is based upon the latest sale price for the house of £67,000 on 21 Dec 1999. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £67,000 | 21 Dec 1999 |
| Flats/Maisonettes |
| 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 December 1999 the House Price Index for SOUTHEND-ON-SEA was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £67,000 results in an estimated price of approximately £269,972.
| 21 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £67,000 | £202,972 | £269,972 |
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 | 432.631 % | £289,862 | £356,862 |
| 3 Month Average | 290.734 % | £194,791 | £261,791 |
| 6 Month Average | 296.577 % | £198,706 | £265,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £520,554 | £516,000 | 13 RUNWELL TERRACE |
| 27 Mar 2023 | £873,227 | £865,000 | 35 CAMBRIDGE ROAD |
| 19 Aug 2022 | £586,421 | £588,000 | 14 RUNWELL TERRACE |
| 22 Jul 2022 | £897,416 | £895,000 | 47 CAMBRIDGE ROAD |
| 31 Mar 2022 | £437,821 | £422,500 | 12 CAMBRIDGE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Alexandra Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexandra Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Place |