£340,184
This estimated value is based upon the latest sale price for the house of £250,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£250,000 | 31 Mar 2016 |
£145,000 | 4 Sep 2015 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 March 2016 the House Price Index for SOUTHEND-ON-SEA was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £250,000 results in an estimated price of approximately £340,184.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £250,000 | £90,184 | £340,184 |
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 | 88.121 % | £220,301 | £470,301 |
3 Month Average | 42.756 % | £106,889 | £356,889 |
6 Month Average | 41.638 % | £104,094 | £354,094 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2023 | £310,813 | £305,000 | 29 HASTINGS ROAD |
6 Apr 2023 | £183,431 | £180,000 | 1B TOLEDO ROAD |
17 Dec 2021 | £194,275 | £180,000 | 8A TOLEDO ROAD |
7 Dec 2021 | £291,413 | £270,000 | 7 HASTINGS ROAD |
30 Jul 2021 | £208,515 | £180,100 | 12B HILLCREST ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 27 Jan 2016. Using an estimated price of £340,184 means this house is valued at £2,465 per sq meter (£229 per sq foot).
The average size of a house on HASTINGS ROAD is 100 sq meters (1,079 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Hastings Road |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Hastings Road |
Jul 2024 | Anti-social behaviour | On or near Hastings Road | |
Jul 2024 | Anti-social behaviour | On or near Hastings Road | |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hastings Road |