£173,476
This estimated value is based upon the latest sale price for the house of £170,000 on 16 Jun 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£170,000 | 16 Jun 2023 |
£125,000 | 25 Nov 2016 |
£65,000 | 29 May 2009 |
£30,000 | 18 Feb 2000 |
£22,750 | 1 Apr 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 39 sq meters or 419 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 June 2023 the House Price Index for SOUTHEND-ON-SEA was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £170,000 results in an estimated price of approximately £173,476.
16 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £170,000 | £3,476 | £173,476 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | -12.258 % | £-20,838 | £149,161 |
3 Month Average | -23.765 % | £-40,400 | £129,599 |
6 Month Average | -12.827 % | £-21,805 | £148,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £383,453 | £375,000 | 38 KILWORTH AVENUE |
26 Jun 2023 | £428,589 | £420,000 | 22A CROMER ROAD |
16 Jun 2023 | £173,476 | £170,000 | 20A CROMER ROAD |
14 Apr 2023 | £183,431 | £180,000 | 32 KILWORTH AVENUE |
1 Mar 2023 | £483,067 | £475,000 | 28 KILWORTH AVENUE |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 5 Feb 2018. Using an estimated price of £173,476 means this house is valued at £4,448 per sq meter (£413 per sq foot).
The average size of a house on CROMER ROAD is 82 sq meters (886 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Cromer Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cromer Road |
Jul 2024 | Anti-social behaviour | On or near Cromer Road | |
Jul 2024 | Anti-social behaviour | On or near Cromer Road | |
Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Cromer Road |