£173,572
This estimated value is based upon the latest sale price for the house of £111,000 on 11 Dec 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 |
---|---|
£111,000 | 11 Dec 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 462 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 2014 the House Price Index for SOUTHEND-ON-SEA was 66.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 56.372%.Applying this 56.372% change to the original purchase price of £111,000 results in an estimated price of approximately £173,572.
11 Dec 2014 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
66.7 | 104.3 | 56.372 % | £111,000 | £62,572 | £173,572 |
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 | 45.074 % | £50,032 | £161,032 |
3 Month Average | 48.501 % | £53,835 | £164,835 |
6 Month Average | 53.416 % | £59,291 | £170,291 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2025 | £387,500 | £387,500 | 107 WESTCLIFF PARK DRIVE |
14 Feb 2025 | £310,767 | £306,000 | 94 ELECTRIC AVENUE |
21 Jan 2025 | £333,637 | £325,000 | 143 NORTHVIEW DRIVE |
6 Dec 2024 | £247,596 | £240,000 | 101 ELECTRIC AVENUE |
28 Oct 2024 | £184,948 | £177,500 | 107 NORTHVIEW DRIVE |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 4 Apr 2014. Using an estimated price of £173,573 means this house is valued at £4,036 per sq meter (£375 per sq foot).
The average size of a house on NORTHVIEW DRIVE is 80 sq meters (868 sq feet).