£202,629
This estimated value is based upon the latest sale price for the house of £167,000 on 13 Mar 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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| Price Paid | Date |
|---|---|
| £167,000 | 13 Mar 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £167,000 results in an estimated price of approximately £202,629.
| 13 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £167,000 | £35,629 | £202,629 |
The Postcode Pricing Model uses changes in average sales price within the SS4 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 | -1.452 % | £-2,424 | £164,575 |
| 3 Month Average | -2.259 % | £-3,772 | £163,227 |
| 6 Month Average | -4.462 % | £-7,452 | £159,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £396,443 | £393,000 | 12 SOUTHEND ROAD |
| 24 Apr 2024 | £78,683 | £78,000 | 8B SOUTH STREET |
| 27 Jun 2023 | £10,408,589 | £10,200,000 | THE BUNGALOW TINKERS LANE |
| 23 Jun 2023 | £188,783 | £185,000 | FLAT 5 ELIZABETH HOUSE LOCKS HILL |
| 24 Feb 2023 | £356,381 | £354,000 | 12 THE RIDINGS |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 May 2019. Using an estimated price of £202,630 means this house is valued at £3,752 per sq meter (£348 per sq foot).
The average size of a house on SOUTHEND ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Ridings |
| Apr 2024 | Drugs | Local resolution | On or near The Ridings |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Anti-social behaviour | On or near South Street |