£101,105
This estimated value is based upon the latest sale price for the house of £58,500 on 3 Dec 2009. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£58,500 | 3 Dec 2009 |
Terraced |
Leasehold |
Floor Area: 101 sq meters or 1,093 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 December 2009 the House Price Index for SOUTHEND-ON-SEA was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £58,500 results in an estimated price of approximately £101,105.
3 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £58,500 | £42,605 | £101,105 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 99.827 % | £58,399 | £116,899 |
3 Month Average | 72.506 % | £42,416 | £100,916 |
6 Month Average | 77.394 % | £45,275 | £103,775 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £354,775 | £350,000 | 22 LEWES ROAD |
20 Feb 2023 | £109,926 | £110,000 | 13 LONSDALE COURT, 209 LONSDALE ROAD |
17 Jan 2023 | £127,400 | £128,000 | 33 LORNES CLOSE |
8 Aug 2022 | £219,409 | £220,000 | 53B EASTCOTE GROVE |
30 Jun 2022 | £61,874 | £61,000 | FLAT 2 37 LORNES CLOSE |
This house has a floor area of 101 sq meters or 1,093 sq feet when measured on 19 Oct 2009. Using an estimated price of £101,105 means this house is valued at £995 per sq meter (£92 per sq foot).
The average size of a house on LORNES CLOSE is 94 sq meters (1,011 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lornes Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lornes Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lornes Close |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lornes Close |
Feb 2024 | Public order | Under investigation | On or near Lornes Close |