£323,855
This estimated value is based upon the latest sale price for the house of £316,500 on 20 Oct 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £316,500 | 20 Oct 2023 |
| £223,000 | 29 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2023 the House Price Index for SOUTHEND-ON-SEA was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £316,500 results in an estimated price of approximately £323,855.
| 20 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £316,500 | £7,355 | £323,855 |
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 | 3.081 % | £9,752 | £326,252 |
| 3 Month Average | 3.405 % | £10,776 | £327,276 |
| 6 Month Average | 1.084 % | £3,429 | £319,929 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £335,000 | £335,000 | 23 HUDSON CRESCENT |
| 20 Dec 2023 | £307,447 | £298,000 | 18 HUDSON CRESCENT |
| 20 Oct 2023 | £424,645 | £415,000 | 272 RAYLEIGH ROAD |
| 20 Oct 2023 | £323,855 | £316,500 | 1 STEEPLEFIELD |
| 5 Jun 2023 | £357,157 | £350,000 | 17 HUDSON CRESCENT |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 10 Dec 2015. Using an estimated price of £323,855 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on STEEPLEFIELD is 100 sq meters (1,085 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lambeth Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lambeth Road |
| Jun 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Jun 2024 | Anti-social behaviour | On or near Lambeth Road | |
| Jun 2024 | Anti-social behaviour | On or near Lambeth Road |