£525,459
This estimated value is based upon the latest sale price for the house of £418,500 on 8 Nov 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Beach Avenue
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| Price Paid | Date |
|---|---|
| £418,500 | 8 Nov 2017 |
| £110,000 | 23 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 November 2017 the House Price Index for SOUTHEND-ON-SEA was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £418,500 results in an estimated price of approximately £525,459.
| 8 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £418,500 | £106,959 | £525,459 |
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 | 4.034 % | £16,884 | £435,384 |
| 3 Month Average | 16.587 % | £69,416 | £487,916 |
| 6 Month Average | 14.990 % | £62,733 | £481,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2024 | £168,000 | £168,000 | 78A LEIGH ROAD |
| 7 Aug 2023 | £503,059 | £500,000 | 48 WOODFIELD ROAD |
| 16 Aug 2022 | £613,852 | £618,000 | 7 WOODFIELD ROAD |
| 27 Jun 2022 | £616,246 | £610,000 | 11 WOODFIELD ROAD |
| 7 Apr 2022 | £871,795 | £850,000 | 43 WOODFIELD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Feb 2016. Using an estimated price of £525,460 means this house is valued at £5,971 per sq meter (£554 per sq foot).
The average size of a house on WOODFIELD ROAD is 91 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Beach Avenue |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Apr 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Supermarket |