£603,051
This estimated value is based upon the latest sale price for the house of £163,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There have been two burglaries within the last year on or near Parkway Close
More crime details
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| Price Paid | Date |
|---|---|
| £163,000 | 11 Aug 2000 |
| Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2000 the House Price Index for SOUTHEND-ON-SEA was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £163,000 results in an estimated price of approximately £603,051.
| 11 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £163,000 | £440,051 | £603,051 |
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 | 245.286 % | £399,816 | £562,816 |
| 3 Month Average | 334.853 % | £545,810 | £708,810 |
| 6 Month Average | 333.624 % | £543,807 | £706,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £473,281 | £465,000 | 8 THE SPINNEYS |
| 6 Dec 2023 | £295,164 | £290,000 | 91 FAIRFIELD ROAD |
| 21 Nov 2023 | £380,635 | £375,000 | 76 FAIRFIELD GARDENS |
| 13 Nov 2023 | £456,762 | £450,000 | 16 THE SPINNEYS |
| 29 Jun 2023 | £531,437 | £525,000 | 25 PADDOCK CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 21 Jul 2020. Using an estimated price of £603,052 means this house is valued at £5,482 per sq meter (£509 per sq foot).
The average size of a house on THE SPINNEYS is 133 sq meters (1,440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkway Close |
| Jan 2024 | Burglary | Under investigation | On or near Parkway Close |
| Mar 2024 | Burglary | Under investigation | On or near Winchester Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfield Gardens |