£384,178
This estimated value is based upon the latest sale price for the house of £319,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There have been two burglaries within the last year on or near Petrol Station
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| Price Paid | Date |
|---|---|
| £319,000 | 17 Jul 2020 |
| £249,995 | 1 Jun 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2020 the House Price Index for SOUTHEND-ON-SEA was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £319,000 results in an estimated price of approximately £384,178.
| 17 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £319,000 | £65,178 | £384,178 |
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 | 35.676 % | £113,806 | £432,806 |
| 3 Month Average | 23.627 % | £75,370 | £394,370 |
| 6 Month Average | 14.601 % | £46,577 | £365,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £224,242 | £220,000 | FLAT 15 CLYST COURT, 383 RAYLEIGH ROAD |
| 24 Apr 2023 | £377,808 | £375,000 | 5 FLAMBORO CLOSE |
| 28 Mar 2023 | £271,467 | £270,000 | 21 FLAMBORO CLOSE |
| 31 Jan 2023 | £317,214 | £320,000 | 22 FLAMBORO CLOSE |
| 16 Aug 2022 | £144,027 | £145,000 | FLAT 10 CLYST COURT, 383 RAYLEIGH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Jun 2019. Using an estimated price of £384,178 means this house is valued at £5,649 per sq meter (£524 per sq foot).
The average size of a house on FLAMBORO CLOSE is 79 sq meters (855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |