£1,161,091
This estimated value is based upon the latest sale price for the house of £697,000 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £697,000 | 30 Aug 2013 |
| £480,000 | 22 Jul 2005 |
| £249,000 | 19 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 2013 the House Price Index for SOUTHEND-ON-SEA was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £697,000 results in an estimated price of approximately £1,161,091.
| 30 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 149.7 | 66.584 % | £697,000 | £464,091 | £1,161,091 |
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 | 54.981 % | £383,214 | £1,080,214 |
| 3 Month Average | 59.864 % | £417,255 | £1,114,255 |
| 6 Month Average | 66.272 % | £461,914 | £1,158,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2024 | £615,000 | £615,000 | 94 THAMES DRIVE |
| 9 May 2024 | £950,000 | £950,000 | 119 MARINE PARADE |
| 4 Mar 2024 | £670,298 | £660,000 | 201 WESTERN ROAD |
| 31 Aug 2023 | £621,204 | £610,000 | 187 WESTERN ROAD |
| 17 Apr 2023 | £718,438 | £705,000 | 20 DALE ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 23 Feb 2013. Using an estimated price of £1,161,091 means this house is valued at £7,442 per sq meter (£691 per sq foot).
The average size of a house on MARINE PARADE is 157 sq meters (1,699 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Thames Close | |
| Sep 2024 | Anti-social behaviour | On or near Thames Close | |
| Aug 2024 | Anti-social behaviour | On or near Marine Close | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marine Close |
| Aug 2024 | Anti-social behaviour | On or near Marine Close |