£392,598
This estimated value is based upon the latest sale price for the house of £310,000 on 5 Dec 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £310,000 | 5 Dec 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 2017 the House Price Index for SOUTHEND-ON-SEA was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £310,000 results in an estimated price of approximately £392,598.
| 5 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £310,000 | £82,598 | £392,598 |
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 | 9.009 % | £27,927 | £337,927 |
| 3 Month Average | 12.619 % | £39,119 | £349,119 |
| 6 Month Average | 12.491 % | £38,721 | £348,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £366,862 | £360,000 | 24 RECREATION AVENUE |
| 11 Nov 2022 | £19,907 | £20,000 | 19 GRANGE PARK DRIVE |
| 30 May 2022 | £272,088 | £265,000 | FLAT B1 RECREATION COURT, 11 - 13 RECREATION AVENUE |
| 25 Mar 2022 | £307,960 | £295,000 | 44A LORD ROBERTS AVENUE |
| 21 Jan 2022 | £466,487 | £440,000 | 34 RECREATION AVENUE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 1 Nov 2017. Using an estimated price of £392,598 means this house is valued at £6,436 per sq meter (£597 per sq foot).
The average size of a house on LONDON ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Oct 2024 | Burglary | Under investigation | On or near Grasmead Avenue |