£468,855
This estimated value is based upon the latest sale price for the house of £122,500 on 19 Apr 2000. This value is then adjusted by the current Official House Price Index for THURROCK 1
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226 Southend Road, Stanford-Le-Hope, SS17 7AG
Phone: 01375659036
| Price Paid | Date |
|---|---|
| £122,500 | 19 Apr 2000 |
| Semi-Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in April 2000 the House Price Index for THURROCK was 39.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 282.739%.Applying this 282.739% change to the original purchase price of £122,500 results in an estimated price of approximately £468,855.
| 19 Apr 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.1 | 149.7 | 282.739 % | £122,500 | £346,355 | £468,855 |
The Postcode Pricing Model uses changes in average sales price within the SS17 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 | 325.738 % | £399,029 | £521,529 |
| 3 Month Average | 354.488 % | £434,248 | £556,748 |
| 6 Month Average | 351.171 % | £430,184 | £552,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £327,256 | £317,200 | 26 BURGESS AVENUE |
| 9 Jun 2023 | £285,726 | £280,000 | 33 BILLET LANE |
| 1 Jun 2023 | £264,297 | £259,000 | RAINBOWS END BILLET LANE |
| 30 Nov 2022 | £388,185 | £390,000 | 18 WEBSTER ROAD |
| 27 Jan 2022 | £392,273 | £370,000 | 3 LEVETT ROAD |