£741,682
This estimated value is based upon the latest sale price for the house of £600,000 on 23 May 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£600,000 | 23 May 2019 |
£280,000 | 28 Aug 2003 |
£30,000 | 27 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 183 sq meters or 1,969 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 2019 the House Price Index for SOUTHEND-ON-SEA was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £600,000 results in an estimated price of approximately £741,682.
23 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £600,000 | £141,682 | £741,682 |
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 | -15.791 % | £-94,743 | £505,256 |
3 Month Average | -8.855 % | £-53,128 | £546,871 |
6 Month Average | -2.155 % | £-12,928 | £587,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £729,325 | £720,000 | 33 LYNTON ROAD |
14 Aug 2023 | £781,840 | £775,000 | 5 GLOUCESTER TERRACE |
28 Apr 2023 | £869,361 | £860,000 | 18 LYNTON ROAD |
1 Feb 2023 | £259,825 | £260,000 | FLAT 2 WATERS MEAD THORPE HALL AVENUE |
5 Sep 2022 | £1,239,987 | £1,250,000 | 12 BURGES ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 16 Aug 2018. Using an estimated price of £741,683 means this house is valued at £4,052 per sq meter (£376 per sq foot).
The average size of a house on GLOUCESTER TERRACE is 145 sq meters (1,563 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Burges Terrace |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Burges Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Burges Terrace |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near B1016 |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1016 |