£635,000
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Nov 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 |
|---|---|
| £500,000 | 15 Nov 2017 |
| £277,500 | 9 Mar 2006 |
| £249,000 | 15 Aug 2002 |
| Detached |
| Freehold |
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 November 2017 the House Price Index for SOUTHEND-ON-SEA was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £500,000 results in an estimated price of approximately £635,000.
| 15 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £500,000 | £135,000 | £635,000 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -8.790 % | £-43,952 | £456,047 |
| 3 Month Average | 21.788 % | £108,941 | £608,941 |
| 6 Month Average | 15.656 % | £78,278 | £578,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £194,949 | £190,000 | 60A WEST ROAD |
| 12 Jun 2023 | £82,656 | £81,000 | FLAT B MILL LODGE, 10 WEST ROAD |
| 25 Apr 2023 | £246,613 | £242,000 | 7 WEST ROAD |
| 3 Apr 2023 | £224,193 | £220,000 | 60 WEST ROAD |
| 24 Mar 2023 | £218,652 | £215,000 | 27 WEST ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Theft from the person | Under investigation | On or near St Andrews Close |
| Apr 2024 | Drugs | Local resolution | On or near Westway |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ness Road |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ness Road |