£530,816
This estimated value is based upon the latest sale price for the house of £432,000 on 31 Jan 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 |
---|---|
£432,000 | 31 Jan 2020 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 January 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £432,000 results in an estimated price of approximately £530,816.
31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £432,000 | £98,816 | £530,816 |
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 | -11.921 % | £-51,497 | £380,502 |
3 Month Average | 19.733 % | £85,248 | £517,248 |
6 Month Average | 17.551 % | £75,819 | £507,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £366,180 | £363,000 | 120 RAYLEIGH ROAD |
30 Nov 2023 | £690,015 | £672,500 | 138 RAYLEIGH ROAD |
5 Oct 2023 | £199,020 | £194,500 | 92 RAYLEIGH ROAD |
17 Feb 2023 | £364,938 | £362,500 | 99 RAYLEIGH ROAD |
17 Jun 2022 | £434,283 | £425,000 | 33 WHITEHOUSE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 28 May 2019. Using an estimated price of £530,817 means this house is valued at £3,686 per sq meter (£342 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Willow Close |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Willow Close |
May 2024 | Anti-social behaviour | On or near Willow Close | |
May 2024 | Anti-social behaviour | On or near Willow Close | |
May 2024 | Anti-social behaviour | On or near Willow Close |