£287,050
This estimated value is based upon the latest sale price for the house of £235,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £235,000 | 1 Nov 2019 |
| £144,750 | 5 Apr 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 November 2019 the House Price Index for SOUTHEND-ON-SEA was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £235,000 results in an estimated price of approximately £287,050.
| 1 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £235,000 | £52,050 | £287,050 |
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 | 9.202 % | £21,624 | £256,624 |
| 3 Month Average | 20.668 % | £48,570 | £283,570 |
| 6 Month Average | 12.655 % | £29,740 | £264,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £331,267 | £325,000 | 1 SOUTHSEA MEWS |
| 30 Aug 2023 | £261,591 | £260,000 | FLAT 1 76 FAIRLEIGH DRIVE |
| 6 Jan 2023 | £420,308 | £424,000 | 150 SOUTHSEA AVENUE |
| 14 Jul 2022 | £709,042 | £710,000 | 124 SOUTHSEA AVENUE |
| 31 May 2022 | £664,883 | £655,000 | 22 FAIRLEIGH DRIVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 7 Jul 2012. Using an estimated price of £287,051 means this house is valued at £5,858 per sq meter (£544 per sq foot).
The average size of a house on SOUTHSEA AVENUE is 94 sq meters (1,014 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairleigh Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Mews |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southsea Mews |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Southsea Mews |