£367,678
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £300,000 | 30 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 August 2019 the House Price Index for SOUTHEND-ON-SEA was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £300,000 results in an estimated price of approximately £367,678.
| 30 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £300,000 | £67,678 | £367,678 |
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 | -10.276 % | £-30,827 | £269,172 |
| 3 Month Average | 14.312 % | £42,935 | £342,935 |
| 6 Month Average | 15.419 % | £46,257 | £346,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £346,556 | £340,000 | 25 PARK AVENUE |
| 30 Nov 2023 | £681,246 | £672,500 | 138 RAYLEIGH ROAD |
| 17 Feb 2023 | £360,794 | £362,500 | 99 RAYLEIGH ROAD |
| 11 Feb 2022 | £339,450 | £325,000 | 27 PARK AVENUE |
| 20 Dec 2021 | £346,792 | £325,000 | 101 RAYLEIGH ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 29 Apr 2019. Using an estimated price of £367,679 means this house is valued at £4,325 per sq meter (£401 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brooklands Avenue |
| Jan 2024 | Anti-social behaviour | On or near Brooklands Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Brooklands Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Brooklands Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Brooklands Avenue |