£373,818
This estimated value is based upon the latest sale price for the house of £300,000 on 24 Aug 2018. 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 | 24 Aug 2018 |
| £235,000 | 1 Nov 2017 |
| £116,000 | 23 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 815 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 2018 the House Price Index for SOUTHEND-ON-SEA was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £300,000 results in an estimated price of approximately £373,818.
| 24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £300,000 | £73,818 | £373,818 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 21.823 % | £65,469 | £365,469 |
| 3 Month Average | 5.277 % | £15,830 | £315,830 |
| 6 Month Average | 17.071 % | £51,212 | £351,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £189,849 | £188,200 | 223 HAMSTEL ROAD |
| 18 Oct 2023 | £193,392 | £189,000 | 345 CENTRAL AVENUE |
| 23 Jun 2023 | £326,544 | £320,000 | 341 CENTRAL AVENUE |
| 6 Sep 2022 | £189,873 | £190,000 | 145 HAMSTEL ROAD |
| 13 Jul 2022 | £262,632 | £260,000 | 337 CENTRAL AVENUE |
This house has a floor area of 75 sq meters or 815 sq feet when measured on 20 Jun 2009. Using an estimated price of £373,818 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on HAMSTEL ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamstel Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hamstel Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hamstel Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hamstel Road |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Hamstel Road |