£354,641
This estimated value is based upon the latest sale price for the house of £283,000 on 12 Jun 2018. 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 Rackenford
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| Price Paid | Date |
|---|---|
| £283,000 | 12 Jun 2018 |
| £124,995 | 23 Sep 2002 |
| £58,055 | 17 Mar 2000 |
| 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 June 2018 the House Price Index for SOUTHEND-ON-SEA was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £283,000 results in an estimated price of approximately £354,641.
| 12 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £283,000 | £71,641 | £354,641 |
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 | 39.287 % | £111,182 | £394,182 |
| 3 Month Average | 15.422 % | £43,643 | £326,643 |
| 6 Month Average | 24.130 % | £68,287 | £351,287 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £363,154 | £360,000 | 77 AYLESBEARE |
| 20 Mar 2024 | £441,788 | £435,000 | 2 TEIGNGRACE |
| 16 Jun 2023 | £362,260 | £355,000 | 160 AYLESBEARE |
| 24 Mar 2023 | £425,404 | £418,300 | 67 AYLESBEARE |
| 4 Nov 2022 | £324,483 | £326,000 | 184 AYLESBEARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Rackenford |
| May 2024 | Criminal damage and arson | Local resolution | On or near North Shoebury Road |
| May 2024 | Criminal damage and arson | Local resolution | On or near North Shoebury Road |
| May 2024 | Public order | Under investigation | On or near North Shoebury Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Shoebury Road |