£251,553
This estimated value is based upon the latest sale price for the house of £245,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £245,000 | 20 May 2022 |
| £116,000 | 14 Jul 2003 |
| £42,000 | 25 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2022 the House Price Index for SOUTHEND-ON-SEA was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £245,000 results in an estimated price of approximately £251,553.
| 20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £245,000 | £6,553 | £251,553 |
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 | -16.218 % | £-39,734 | £205,265 |
| 3 Month Average | -7.694 % | £-18,849 | £226,150 |
| 6 Month Average | -6.661 % | £-16,320 | £228,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £263,084 | £255,000 | FLAT 20 ST CLEMENTS COURT BROADWAY WEST |
| 5 Oct 2023 | £253,252 | £247,500 | FLAT 9 ST CLEMENTS COURT BROADWAY WEST |
| 13 Sep 2023 | £219,846 | £215,000 | FLAT 85 ST CLEMENTS COURT EAST BROADWAY WEST |
| 19 Apr 2023 | £448,387 | £440,000 | 73 SOUTHSEA AVENUE |
| 16 Mar 2023 | £259,331 | £255,000 | FLAT 89 ST CLEMENTS COURT EAST BROADWAY WEST |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Nov 2018. Using an estimated price of £251,553 means this house is valued at £3,870 per sq meter (£359 per sq foot).
The average size of a house on BROADWAY WEST is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rectory Grove |
| Oct 2024 | Other theft | Under investigation | On or near Rectory Grove |
| Oct 2024 | Violence and sexual offences | Formal action is not in the public interest | On or near Rectory Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rectory Grove |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Rectory Grove |