£142,228
This estimated value is based upon the latest sale price for the house of £40,000 on 8 Feb 2001. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £40,000 | 8 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
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 February 2001 the House Price Index for SOUTHEND-ON-SEA was 42.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 255.570%.Applying this 255.570% change to the original purchase price of £40,000 results in an estimated price of approximately £142,228.
| 8 Feb 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 149.7 | 255.570 % | £40,000 | £102,228 | £142,228 |
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 | 385.467 % | £154,186 | £194,186 |
| 3 Month Average | 320.585 % | £128,233 | £168,233 |
| 6 Month Average | 341.837 % | £136,734 | £176,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £502,762 | £490,000 | 215 SOUTHBOURNE GROVE |
| 16 Feb 2023 | £140,941 | £140,000 | 553 FAIRFAX DRIVE |
| 24 Aug 2022 | £551,579 | £549,000 | 198 SOUTHBOURNE GROVE |
| 4 Aug 2022 | £426,997 | £425,000 | 142 SOUTHBOURNE GROVE |
| 31 Mar 2022 | £223,402 | £214,000 | 20 GROVE COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Wellstead Gardens |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellstead Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellstead Gardens |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellstead Gardens |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellstead Gardens |