£340,721
This estimated value is based upon the latest sale price for the house of £225,000 on 21 Aug 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£225,000 | 21 Aug 2014 |
Flats/Maisonettes |
Leasehold |
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 August 2014 the House Price Index for SOUTHEND-ON-SEA was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £225,000 results in an estimated price of approximately £340,721.
21 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 148.6 | 51.432 % | £225,000 | £115,721 | £340,721 |
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 | 15.573 % | £35,040 | £260,040 |
3 Month Average | 37.392 % | £84,133 | £309,133 |
6 Month Average | 40.840 % | £91,890 | £316,890 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £134,351 | £132,000 | 66 BRECON SALISBURY AVENUE |
27 Nov 2023 | £62,932 | £62,000 | FLAT 22 HOWARDS COURT BALMORAL ROAD |
13 Sep 2023 | £22,791 | £22,500 | 19 BALMORAL ROAD |
25 Aug 2023 | £161,412 | £160,000 | FLAT 19 HOWARDS COURT BALMORAL ROAD |
19 Jul 2023 | £70,955 | £70,000 | FLAT 53 HOWARDS COURT BALMORAL ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 26 Jun 2014. Using an estimated price of £340,722 means this house is valued at £4,424 per sq meter (£411 per sq foot).
The average size of a house on SALISBURY AVENUE is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Summercourt Road | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Summercourt Road |
Mar 2024 | Public order | Under investigation | On or near Summercourt Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Summercourt Road |
Mar 2024 | Drugs | Under investigation | On or near Summercourt Road |