£119,759
This estimated value is based upon the latest sale price for the house of £80,000 on 5 Jan 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £80,000 | 5 Jan 2015 |
| £44,000 | 3 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 January 2015 the House Price Index for SOUTHEND-ON-SEA was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £80,000 results in an estimated price of approximately £119,759.
| 5 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £80,000 | £39,759 | £119,759 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 77.846 % | £62,276 | £142,276 |
| 3 Month Average | 48.349 % | £38,679 | £118,679 |
| 6 Month Average | 56.546 % | £45,236 | £125,236 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £361,096 | £350,000 | 48 ROCHFORD AVENUE |
| 14 Dec 2023 | £312,606 | £303,000 | 27 RAYLEIGH AVENUE |
| 13 Oct 2023 | £112,556 | £110,000 | 112 WEST ROAD |
| 13 Oct 2023 | £168,835 | £165,000 | 7A RAYLEIGH AVENUE |
| 5 Sep 2023 | £184,057 | £180,000 | 136 WEST ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Feb 2016. Using an estimated price of £119,760 means this house is valued at £2,495 per sq meter (£231 per sq foot).
The average size of a house on ROCHFORD AVENUE is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochford Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Rayleigh Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Avenue |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rayleigh Avenue |