£193,966
This estimated value is based upon the latest sale price for the house of £180,000 on 3 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£180,000 | 3 Sep 2021 |
£145,000 | 29 Feb 2012 |
£165,000 | 8 Jul 2005 |
£79,950 | 23 Jun 2000 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £180,000 results in an estimated price of approximately £193,966.
3 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.6 | 7.759 % | £180,000 | £13,966 | £193,966 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | -14.333 % | £-25,799 | £154,200 |
3 Month Average | 11.449 % | £20,608 | £200,608 |
6 Month Average | -1.310 % | £-2,358 | £177,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £388,803 | £382,000 | 97 BEEDELL AVENUE |
12 Sep 2022 | £396,796 | £400,000 | 58 RAMUZ DRIVE |
17 Aug 2022 | £354,047 | £355,000 | 64 BEEDELL AVENUE |
26 Apr 2022 | £315,119 | £306,000 | 87 RAMUZ DRIVE |
31 Mar 2022 | £424,868 | £410,000 | 166 WESTBOROUGH ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Jul 2021. Using an estimated price of £193,967 means this house is valued at £1,883 per sq meter (£174 per sq foot).
The average size of a house on RAMUZ DRIVE is 80 sq meters (866 sq feet).