£1,104,951
This estimated value is based upon the latest sale price for the house of £935,000 on 2 Oct 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 |
|---|---|
| £935,000 | 2 Oct 2020 |
| £733,000 | 7 Apr 2015 |
| Detached |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 October 2020 the House Price Index for SOUTHEND-ON-SEA was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £935,000 results in an estimated price of approximately £1,104,951.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £935,000 | £169,951 | £1,104,951 |
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 | 13.625 % | £127,392 | £1,062,392 |
| 3 Month Average | 8.010 % | £74,894 | £1,009,894 |
| 6 Month Average | 12.168 % | £113,769 | £1,048,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £850,000 | £850,000 | 59 CHADWICK ROAD |
| 17 Nov 2023 | £338,595 | £330,000 | FLAT 1 23 CHADWICK ROAD |
| 19 Oct 2023 | £156,044 | £152,500 | FLAT 16 KINGS MEADE KINGS ROAD |
| 28 Feb 2023 | £1,248,339 | £1,240,000 | 22 CHADWICK ROAD |
| 23 May 2022 | £1,637,664 | £1,595,000 | 12 CHADWICK ROAD |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 8 Oct 2014. Using an estimated price of £1,104,952 means this house is valued at £5,524 per sq meter (£513 per sq foot).
The average size of a house on KINGS ROAD is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drake Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Imperial Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Imperial Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Imperial Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Imperial Avenue |