£415,156
This estimated value is based upon the latest sale price for the house of £128,000 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £128,000 | 12 Oct 2001 |
| £73,000 | 24 Jul 1997 |
| Terraced |
| 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 October 2001 the House Price Index for SOUTHEND-ON-SEA was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £128,000 results in an estimated price of approximately £415,156.
| 12 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 148.6 | 224.341 % | £128,000 | £287,156 | £415,156 |
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 | 258.524 % | £330,910 | £458,910 |
| 3 Month Average | 239.015 % | £305,939 | £433,939 |
| 6 Month Average | 270.827 % | £346,658 | £474,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £389,986 | £385,000 | 2 YOUNG CLOSE |
| 31 Aug 2023 | £322,824 | £320,000 | 17 LOVELL RISE |
| 28 Jul 2023 | £339,570 | £335,000 | 139 NEIL ARMSTRONG WAY |
| 18 Nov 2022 | £363,596 | £368,000 | 21 WHITEHOUSE MEADOWS |
| 1 Apr 2022 | £350,132 | £340,000 | 5 STAFFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lovell Rise |
| Mar 2024 | Burglary | Under investigation | On or near Anders Fall |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Anders Fall |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Young Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Young Close |