£337,319
This estimated value is based upon the latest sale price for the house of £215,000 on 3 Aug 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £215,000 | 3 Aug 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 August 2007 the House Price Index for SOUTHEND-ON-SEA was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £215,000 results in an estimated price of approximately £337,319.
| 3 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £215,000 | £122,319 | £337,319 |
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 | 50.663 % | £108,925 | £323,925 |
| 3 Month Average | 37.609 % | £80,859 | £295,859 |
| 6 Month Average | 53.619 % | £115,280 | £330,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £340,966 | £335,000 | 21 ST GEORGES PARK AVENUE |
| 15 Sep 2023 | £136,748 | £135,000 | 36A SOUTHBOURNE GROVE |
| 17 Apr 2023 | £295,178 | £292,000 | 42A SOUTHBOURNE GROVE |
| 16 Feb 2023 | £199,866 | £200,000 | 33A ST GEORGES PARK AVENUE |
| 17 Jan 2023 | £427,984 | £430,000 | 3 ST GEORGES PARK AVENUE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 17 Apr 2019. Using an estimated price of £337,320 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on SOUTHBOURNE GROVE is 111 sq meters (1,197 sq feet).