£416,308
This estimated value is based upon the latest sale price for the house of £335,000 on 12 Dec 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £335,000 | 12 Dec 2018 |
| £147,500 | 6 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2018 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £335,000 results in an estimated price of approximately £416,308.
| 12 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.271 % | £335,000 | £81,308 | £416,308 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 10.659 % | £35,707 | £370,707 |
| 3 Month Average | 11.376 % | £38,109 | £373,109 |
| 6 Month Average | 15.450 % | £51,758 | £386,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £216,657 | £210,000 | FLAT 6 TRINITY LODGE TRINITY ROAD |
| 23 Oct 2023 | £201,067 | £196,500 | 11 LONSDALE ROAD |
| 13 Feb 2023 | £246,648 | £245,000 | 157 STORNOWAY ROAD |
| 7 Oct 2022 | £221,759 | £222,500 | 3A LOVELACE VILLAS |
| 17 Mar 2022 | £118,434 | £113,450 | 5 LONSDALE ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Aug 2018. Using an estimated price of £416,308 means this house is valued at £4,574 per sq meter (£425 per sq foot).
The average size of a house on LONSDALE ROAD is 73 sq meters (793 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trinity Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Trinity Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stornoway Road |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Stornoway Road |