£314,592
This estimated value is based upon the latest sale price for the house of £77,500 on 17 Dec 1999. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £77,500 | 17 Dec 1999 |
| Semi-Detached |
| Freehold |
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 1999 the House Price Index for SOUTHEND-ON-SEA was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £77,500 results in an estimated price of approximately £314,592.
| 17 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 149.7 | 305.926 % | £77,500 | £237,092 | £314,592 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 286.726 % | £222,212 | £299,712 |
| 3 Month Average | 325.764 % | £252,466 | £329,966 |
| 6 Month Average | 353.198 % | £273,728 | £351,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £405,288 | £395,000 | 254 WAKERING ROAD |
| 20 Oct 2023 | £396,505 | £387,500 | 7 PICASSO WAY |
| 10 Feb 2023 | £453,026 | £450,000 | 125 PICASSO WAY |
| 7 Oct 2022 | £348,835 | £350,000 | 266 WAKERING ROAD |
| 27 May 2022 | £289,543 | £282,000 | 161 WAKERING ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Wakering Road |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Wakering Road |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Rembrandt Close |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Goya Rise |
| Jun 2024 | Public order | Under investigation | On or near Raphael Drive |