£395,131
This estimated value is based upon the latest sale price for the house of £312,000 on 13 Dec 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £312,000 | 13 Dec 2017 |
| £225,000 | 16 Oct 2013 |
| £195,000 | 1 Feb 2007 |
| £92,000 | 19 Jan 2001 |
| Terraced |
| 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 2017 the House Price Index for SOUTHEND-ON-SEA was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £312,000 results in an estimated price of approximately £395,131.
| 13 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £312,000 | £83,131 | £395,131 |
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 | 32.998 % | £102,954 | £414,954 |
| 3 Month Average | 21.160 % | £66,018 | £378,018 |
| 6 Month Average | 13.688 % | £42,705 | £354,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £680,455 | £665,000 | 24 WEARE GIFFORD |
| 4 Apr 2023 | £98,849 | £97,000 | FLAT 45 VIKING COURT SAXON GARDENS |
| 23 Aug 2022 | £130,611 | £130,000 | FLAT 25 VIKING COURT SAXON GARDENS |
| 25 Mar 2022 | £485,429 | £465,000 | 7 CORNWORTHY |
| 11 Feb 2022 | £950,812 | £900,000 | 25 WEARE GIFFORD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Weare Gifford |