£405,485
This estimated value is based upon the latest sale price for the house of £330,000 on 13 Jan 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £330,000 | 13 Jan 2020 |
| £180,000 | 4 Jul 2006 |
| £214,000 | 4 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 January 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £330,000 results in an estimated price of approximately £405,485.
| 13 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £330,000 | £75,485 | £405,485 |
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 | 5.049 % | £16,663 | £346,663 |
| 3 Month Average | 20.945 % | £69,117 | £399,117 |
| 6 Month Average | 11.631 % | £38,381 | £368,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £330,000 | £330,000 | 562 PRINCE AVENUE |
| 24 Apr 2024 | £489,249 | £485,000 | 54 BRENDON WAY |
| 3 Nov 2023 | £389,897 | £380,000 | 45 BRENDON WAY |
| 4 Oct 2023 | £327,437 | £320,000 | 64 BRENDON WAY |
| 17 Mar 2023 | £488,152 | £480,000 | 64 SNAKES LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 6 Jun 2019. Using an estimated price of £405,485 means this house is valued at £3,407 per sq meter (£316 per sq foot).
The average size of a house on BRENDON WAY is 111 sq meters (1,204 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Awaiting court outcome | On or near Brendon Way |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Brendon Way |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Brendon Way |
| Aug 2024 | Other crime | Under investigation | On or near Bideford Close |
| Sep 2024 | Other theft | Under investigation | On or near Parking Area |