£363,456
This estimated value is based upon the latest sale price for the house of £288,000 on 18 Oct 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 |
|---|---|
| £288,000 | 18 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2017 the House Price Index for SOUTHEND-ON-SEA was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £288,000 results in an estimated price of approximately £363,456.
| 18 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £288,000 | £75,456 | £363,456 |
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 | 10.104 % | £29,100 | £317,100 |
| 3 Month Average | 2.805 % | £8,078 | £296,078 |
| 6 Month Average | 20.248 % | £58,313 | £346,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £537,965 | £530,000 | 51 OAKWOOD AVENUE |
| 20 Sep 2023 | £506,476 | £500,000 | 43B BRIARWOOD DRIVE |
| 23 Jun 2023 | £430,211 | £425,000 | 15 ABBOTTS CLOSE |
| 14 Apr 2023 | £440,746 | £436,000 | 47 BRIARWOOD DRIVE |
| 3 Jan 2023 | £1,741,795 | £1,750,000 | UNIT 4 AIRBORNE INDUSTRIAL ESTATE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 15 Aug 2014. Using an estimated price of £363,456 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on ABBOTTS CLOSE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbotts Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Dec 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Leighwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eastwood Road North |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Eastwood Road North |