£605,564
This estimated value is based upon the latest sale price for the house of £490,000 on 16 Dec 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £490,000 | 16 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £490,000 results in an estimated price of approximately £605,564.
| 16 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £490,000 | £115,564 | £605,564 |
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 | -9.911 % | £-48,561 | £441,438 |
| 3 Month Average | 17.635 % | £86,413 | £576,413 |
| 6 Month Average | 12.791 % | £62,675 | £552,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £369,349 | £358,000 | 19 ALAN GROVE |
| 7 Dec 2023 | £265,147 | £257,000 | 202 RAYLEIGH ROAD |
| 29 Sep 2023 | £339,995 | £332,500 | 7 ALAN GROVE |
| 13 Sep 2023 | £439,693 | £430,000 | 207 RAYLEIGH ROAD |
| 17 Mar 2023 | £122,038 | £120,000 | 8 PARK VIEW COURT |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 19 Apr 2019. Using an estimated price of £605,564 means this house is valued at £4,485 per sq meter (£416 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hylands Grove |
| Jul 2024 | Anti-social behaviour | On or near Walters Close | |
| Apr 2024 | Public order | Local resolution | On or near Walters Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walters Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walters Close |