£379,997
This estimated value is based upon the latest sale price for the house of £222,000 on 23 Mar 2010. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £222,000 | 23 Mar 2010 |
| £175,000 | 14 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 836 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in March 2010 the House Price Index for ESSEX was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.170%.Applying this 71.170% change to the original purchase price of £222,000 results in an estimated price of approximately £379,997.
| 23 Mar 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.170 % | £222,000 | £157,997 | £379,997 |
The Postcode Pricing Model uses changes in average sales price within the SS5 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 | 93.080 % | £206,637 | £428,637 |
| 3 Month Average | 74.374 % | £165,111 | £387,111 |
| 6 Month Average | 84.222 % | £186,973 | £408,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £340,462 | £330,000 | 24 BROAD WAY |
| 12 Dec 2023 | £438,473 | £425,000 | 14 BEACHES CLOSE |
| 5 Oct 2023 | £339,716 | £332,000 | 30 BROAD WAY |
| 30 Aug 2023 | £454,701 | £446,500 | 62 SOUTHVIEW ROAD |
| 27 Mar 2023 | £493,237 | £485,000 | 18 CHESTNUT CLOSE |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 21 Dec 2009. Using an estimated price of £379,998 means this house is valued at £4,890 per sq meter (£454 per sq foot).
The average size of a house on SOUTHVIEW ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Westbourne Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Southbourne Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Foxfield Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Magnolia Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Walk |