£328,396
This estimated value is based upon the latest sale price for the house of £225,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£225,000 | 22 May 2015 |
£195,000 | 16 Dec 2011 |
Terraced |
Freehold |
Floor Area: 42 sq meters or 454 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 £225,000 results in an estimated price of approximately £328,396.
22 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £225,000 | £103,396 | £328,396 |
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 % | £21,544 | £246,544 |
3 Month Average | 41.366 % | £93,074 | £318,074 |
6 Month Average | 45.383 % | £102,110 | £327,110 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £322,824 | £320,000 | 17 LOVELL RISE |
28 Jul 2023 | £339,570 | £335,000 | 139 NEIL ARMSTRONG WAY |
18 Nov 2022 | £363,596 | £368,000 | 21 WHITEHOUSE MEADOWS |
28 Oct 2022 | £366,059 | £370,000 | 68 WHITEHOUSE MEADOWS |
30 Sep 2022 | £389,852 | £393,000 | 76 WHITEHOUSE MEADOWS |
This house has a floor area of 42 sq meters or 454 sq feet when measured on 18 Jul 2011. Using an estimated price of £328,396 means this house is valued at £7,772 per sq meter (£722 per sq foot).
The average size of a house on WHITEHOUSE MEADOWS is 94 sq meters (1,022 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (454 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lovell Rise |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aldrin Way |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
Jan 2024 | Burglary | Under investigation | On or near Parking Area |