£542,947
This estimated value is based upon the latest sale price for the house of £360,000 on 17 Oct 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£360,000 | 17 Oct 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 104 sq meters or 1,119 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 2014 the House Price Index for SOUTHEND-ON-SEA was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £360,000 results in an estimated price of approximately £542,947.
17 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 149.7 | 50.819 % | £360,000 | £182,947 | £542,947 |
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 | 21.589 % | £77,721 | £437,721 |
3 Month Average | 52.667 % | £189,602 | £549,602 |
6 Month Average | 58.278 % | £209,800 | £569,800 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £401,859 | £393,000 | GROUND FLOOR APARTMENT 19 GRAND PARADE |
29 Aug 2023 | £835,061 | £820,000 | 2 WOODFIELD GARDENS |
12 Jul 2022 | £460,615 | £456,000 | FLAT C 9 GRAND PARADE |
31 May 2022 | £438,935 | £427,500 | BASEMENT FLAT 37 GRAND PARADE |
7 Jan 2022 | £265,050 | £250,000 | 6 ST JAMES COURT, 41 GRAND PARADE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 28 Jun 2014. Using an estimated price of £542,948 means this house is valued at £5,220 per sq meter (£485 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Grand Parade | |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Parade |
Jun 2024 | Anti-social behaviour | On or near Grand Parade | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grand Parade |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Gardens |