£207,123
This estimated value is based upon the latest sale price for the house of £107,500 on 20 Aug 2004. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£107,500 | 20 Aug 2004 |
£20,500 | 24 Jun 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 531 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 August 2004 the House Price Index for SOUTHEND-ON-SEA was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £107,500 results in an estimated price of approximately £207,123.
20 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
77.1 | 148.6 | 92.673 % | £107,500 | £99,623 | £207,123 |
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 | 117.542 % | £126,358 | £233,858 |
3 Month Average | 77.713 % | £83,540 | £191,040 |
6 Month Average | 82.143 % | £88,303 | £195,803 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £255,279 | £251,500 | 107B SOUTHCHURCH AVENUE |
8 Nov 2023 | £170,525 | £168,000 | 114 SOUTHCHURCH AVENUE |
14 Jun 2022 | £355,017 | £350,000 | 48 HONITON ROAD |
31 May 2022 | £422,970 | £415,000 | 60 HONITON ROAD |
2 Mar 2022 | £126,424 | £122,000 | 130A SOUTHCHURCH AVENUE |
This house has a floor area of 49 sq meters or 531 sq feet when measured on 2 Sep 2011. Using an estimated price of £207,124 means this house is valued at £4,197 per sq meter (£389 per sq foot).
The average size of a house on SOUTHCHURCH AVENUE is 64 sq meters (698 sq feet).