£420,031
This estimated value is based upon the latest sale price for the house of £340,000 on 29 Mar 2019. 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 |
|---|---|
| £340,000 | 29 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 March 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £340,000 results in an estimated price of approximately £420,031.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £340,000 | £80,031 | £420,031 |
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 | -4.071 % | £-13,842 | £326,157 |
| 3 Month Average | 21.182 % | £72,018 | £412,018 |
| 6 Month Average | 15.399 % | £52,356 | £392,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £348,000 | £348,000 | 80 ELM ROAD |
| 13 Nov 2023 | £390,786 | £385,000 | 21 CRANLEIGH DRIVE |
| 8 Sep 2023 | £296,288 | £292,500 | 256A ELM ROAD |
| 21 Jul 2022 | £253,182 | £252,500 | FLAT 22 ELMTREE LODGE, 66 CRANLEIGH DRIVE |
| 30 Jun 2022 | £689,748 | £680,000 | 228 ELM ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 24 Aug 2015. Using an estimated price of £420,032 means this house is valued at £6,885 per sq meter (£639 per sq foot).
The average size of a house on CRANLEIGH DRIVE is 79 sq meters (851 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cranleigh Drive |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Drive | |
| Jan 2024 | Anti-social behaviour | On or near Cranleigh Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |