£342,060
This estimated value is based upon the latest sale price for the house of £257,500 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £257,500 | 2 Sep 2016 |
| £175,000 | 25 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2016 the House Price Index for SOUTHEND-ON-SEA was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £257,500 results in an estimated price of approximately £342,060.
| 2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £257,500 | £84,560 | £342,060 |
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 | 37.451 % | £96,437 | £353,937 |
| 3 Month Average | 20.930 % | £53,894 | £311,394 |
| 6 Month Average | 28.063 % | £72,263 | £329,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2023 | £15,143 | £15,000 | 162 BOURNEMOUTH PARK ROAD |
| 29 Jun 2022 | £233,297 | £230,000 | 131 BOURNEMOUTH PARK ROAD |
| 27 Jun 2022 | £344,874 | £340,000 | 103 NORTH AVENUE |
| 29 Mar 2022 | £220,724 | £213,000 | 133 BOURNEMOUTH PARK ROAD |
| 6 Dec 2021 | £310,699 | £290,000 | 113 NORTH AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 15 Jul 2015. Using an estimated price of £342,061 means this house is valued at £4,442 per sq meter (£412 per sq foot).
The average size of a house on NORTH AVENUE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bournemouth Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bournemouth Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bournemouth Park Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bournemouth Park Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bournemouth Park Road |