£151,444
This estimated value is based upon the latest sale price for the house of £89,000 on 2 Oct 2006. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £89,000 | 2 Oct 2006 |
| £70,000 | 5 Nov 2003 |
| £25,500 | 16 May 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 2006 the House Price Index for SOUTHEND-ON-SEA was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £89,000 results in an estimated price of approximately £151,444.
| 2 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £89,000 | £62,444 | £151,444 |
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 | 99.358 % | £88,428 | £177,428 |
| 3 Month Average | 75.475 % | £67,172 | £156,172 |
| 6 Month Average | 87.637 % | £77,997 | £166,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £358,134 | £350,000 | 95 HAINAULT AVENUE |
| 30 Jun 2023 | £336,238 | £329,500 | 74 BRIGHTWELL AVENUE |
| 12 Sep 2022 | £399,733 | £400,000 | 58 RAMUZ DRIVE |
| 5 Aug 2022 | £170,799 | £170,000 | 108 BRIGHTWELL AVENUE |
| 12 Jul 2022 | £282,834 | £280,000 | 116 HAINAULT AVENUE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 3 Jun 2014. Using an estimated price of £151,445 means this house is valued at £4,093 per sq meter (£380 per sq foot).
The average size of a house on BRIGHTWELL AVENUE is 83 sq meters (893 sq feet).