£246,925
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Norfolk Avenue
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Price Paid | Date |
---|---|
£145,000 | 28 Sep 2012 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 817 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 September 2012 the House Price Index for SOUTHEND-ON-SEA was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £145,000 results in an estimated price of approximately £246,925.
28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £145,000 | £101,925 | £246,925 |
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 | 48.936 % | £70,957 | £215,957 |
3 Month Average | 81.640 % | £118,377 | £263,377 |
6 Month Average | 72.060 % | £104,486 | £249,486 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £162,072 | £160,000 | 77 SUFFOLK AVENUE |
3 Jul 2023 | £198,674 | £196,000 | 51 SUFFOLK AVENUE |
20 Jan 2023 | £248,828 | £250,000 | 61 SUFFOLK AVENUE |
14 Mar 2022 | £331,604 | £320,000 | 55 SURREY AVENUE |
11 Feb 2022 | £300,661 | £286,700 | 46 SUFFOLK AVENUE |
This house has a floor area of 75 sq meters or 817 sq feet when measured on 14 Sep 2010. Using an estimated price of £246,926 means this house is valued at £3,252 per sq meter (£302 per sq foot).
The average size of a house on NORFOLK AVENUE is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Norfolk Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
Jan 2024 | Burglary | Under investigation | On or near Norfolk Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norfolk Avenue |