£594,580
This estimated value is based upon the latest sale price for the house of £514,250 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £514,250 | 16 Dec 2020 |
| £235,000 | 3 May 2005 |
| £140,000 | 7 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2020 the House Price Index for SOUTHEND-ON-SEA was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £514,250 results in an estimated price of approximately £594,580.
| 16 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £514,250 | £80,330 | £594,580 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -11.044 % | £-56,795 | £457,454 |
| 3 Month Average | 9.365 % | £48,159 | £562,409 |
| 6 Month Average | 14.911 % | £76,680 | £590,930 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £306,416 | £297,000 | 12 EAST STREET |
| 1 Dec 2023 | £421,966 | £409,000 | 36 NORTH STREET |
| 29 Sep 2023 | £587,961 | £575,000 | 17 ALEXANDRA ROAD |
| 11 Aug 2023 | £712,857 | £700,000 | 71 BROADWAY |
| 30 Jun 2023 | £581,656 | £570,000 | 14 CANONSLEIGH CRESCENT |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 26 Aug 2020. Using an estimated price of £594,581 means this house is valued at £6,325 per sq meter (£587 per sq foot).
The average size of a house on EAST STREET is 99 sq meters (1,069 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alexandra Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Alexandra Road |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Alexandra Road |