£1,339,968
This estimated value is based upon the latest sale price for the house of £1,100,000 on 8 Jul 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £1,100,000 | 8 Jul 2020 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £1,100,000 results in an estimated price of approximately £1,339,968.
| 8 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £1,100,000 | £239,968 | £1,339,968 |
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 | 34.507 % | £379,574 | £1,479,574 |
| 3 Month Average | 20.940 % | £230,342 | £1,330,342 |
| 6 Month Average | 17.967 % | £197,636 | £1,297,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £319,915 | £315,000 | FLAT 7 GRAND LODGE, 40 GRAND DRIVE |
| 4 Mar 2024 | £307,322 | £302,600 | 2 GRAND COURT WEST |
| 28 Nov 2023 | £333,465 | £325,000 | 9 GRAND COURT WEST |
| 31 Oct 2023 | £2,916,234 | £2,850,000 | 30 CLIFF PARADE |
| 1 Sep 2023 | £363,002 | £355,000 | FLAT 13 GRAND LODGE, 40 GRAND DRIVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 30 Jul 2019. Using an estimated price of £1,339,969 means this house is valued at £10,468 per sq meter (£972 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Drive |