£237,291
This estimated value is based upon the latest sale price for the house of £230,000 on 5 Dec 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £230,000 | 5 Dec 2023 |
| £207,000 | 21 May 2019 |
| £160,000 | 24 Jul 2015 |
| £166,250 | 29 Sep 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 December 2023 the House Price Index for SOUTHEND-ON-SEA was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £230,000 results in an estimated price of approximately £237,291.
| 5 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £230,000 | £7,291 | £237,291 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 92.302 % | £212,294 | £442,294 |
| 3 Month Average | 17.393 % | £40,004 | £270,004 |
| 6 Month Average | 7.665 % | £17,628 | £247,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £167,500 | £167,500 | 77 RETORT CLOSE |
| 5 Dec 2023 | £237,291 | £230,000 | 18 RETORT CLOSE |
| 27 Jan 2023 | £235,630 | £235,000 | 78 RETORT CLOSE |
| 5 Jan 2023 | £220,589 | £220,000 | 28 RETORT CLOSE |
| 24 Nov 2022 | £222,957 | £224,000 | 13 RETORT CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 5 Jul 2014. Using an estimated price of £237,291 means this house is valued at £3,206 per sq meter (£297 per sq foot).
The average size of a house on RETORT CLOSE is 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Retort Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Retort Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Retort Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Retort Close |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Retort Close |