£592,380
This estimated value is based upon the latest sale price for the house of £450,000 on 20 Jan 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 |
|---|---|
| £450,000 | 20 Jan 2017 |
| 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 January 2017 the House Price Index for SOUTHEND-ON-SEA was 113.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 31.640%.Applying this 31.640% change to the original purchase price of £450,000 results in an estimated price of approximately £592,380.
| 20 Jan 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 149.7 | 31.640 % | £450,000 | £142,380 | £592,380 |
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 | 48.629 % | £218,828 | £668,828 |
| 3 Month Average | 39.734 % | £178,802 | £628,802 |
| 6 Month Average | 31.304 % | £140,868 | £590,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £680,000 | £680,000 | 169 CHURCH ROAD |
| 14 Sep 2023 | £582,848 | £570,000 | 48 LODWICK |
| 28 Apr 2023 | £535,007 | £525,000 | 22 LEITRIM AVENUE |
| 20 Jan 2023 | £626,674 | £625,000 | 17 LODWICK |
| 19 Aug 2022 | £391,832 | £390,000 | 28 PENTLAND AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Lodwick |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodwick |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Lodwick |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Church Road |