£539,927
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £375,000 | 7 Aug 2015 |
| £230,000 | 19 Feb 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2015 the House Price Index for SOUTHEND-ON-SEA was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £375,000 results in an estimated price of approximately £539,927.
| 7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £375,000 | £164,927 | £539,927 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 31.323 % | £117,460 | £492,460 |
| 3 Month Average | 37.303 % | £139,885 | £514,885 |
| 6 Month Average | 44.026 % | £165,097 | £540,097 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £204,508 | £200,000 | 71A EASTWOOD LANE SOUTH |
| 25 Aug 2023 | £560,102 | £550,000 | 21 EASTWOOD LANE SOUTH |
| 11 Aug 2023 | £481,484 | £472,800 | 8 MARTYNS GROVE |
| 1 Aug 2023 | £285,143 | £280,000 | 21 MARTYNS GROVE |
| 3 Mar 2023 | £579,681 | £570,000 | 6 SHANKLIN DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 28 Jul 2015. Using an estimated price of £539,928 means this house is valued at £4,090 per sq meter (£380 per sq foot).
The average size of a house on MARTYNS GROVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shanklin Drive |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Lane South |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Lane South |