£741,507
This estimated value is based upon the latest sale price for the house of £600,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £600,000 | 16 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 December 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £600,000 results in an estimated price of approximately £741,507.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £600,000 | £141,507 | £741,507 |
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 | -9.911 % | £-59,463 | £540,536 |
| 3 Month Average | 17.635 % | £105,811 | £705,811 |
| 6 Month Average | 12.791 % | £76,745 | £676,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £792,469 | £775,000 | 8 GLEN ROAD |
| 29 Aug 2023 | £835,061 | £820,000 | 2 WOODFIELD GARDENS |
| 23 Feb 2023 | £362,421 | £360,000 | 25B HILLSIDE CRESCENT |
| 11 Jan 2023 | £307,822 | £307,000 | 5A GLEN ROAD |
| 12 Jul 2022 | £460,615 | £456,000 | FLAT C 9 GRAND PARADE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 4 Jun 2019. Using an estimated price of £741,507 means this house is valued at £5,793 per sq meter (£538 per sq foot).
The average size of a house on WOODFIELD GARDENS is 150 sq meters (1,620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Gardens |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodfield Gardens |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerville Gardens |
| Jun 2024 | Anti-social behaviour | On or near Grand Parade | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Parade |