£394,094
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £330,000 | 7 Aug 2020 |
| £30,000 | 29 Jan 2004 |
| £58,000 | 31 Jul 1998 |
| £58,950 | 22 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2020 the House Price Index for SOUTHEND-ON-SEA was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £330,000 results in an estimated price of approximately £394,094.
| 7 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £330,000 | £64,094 | £394,094 |
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 | -16.270 % | £-53,691 | £276,308 |
| 3 Month Average | 18.763 % | £61,919 | £391,919 |
| 6 Month Average | 12.861 % | £42,439 | £372,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,785 | £300,000 | 55 SUFFOLK AVENUE |
| 3 Aug 2023 | £321,958 | £320,000 | 198 BLENHEIM CHASE |
| 3 Jul 2023 | £197,872 | £196,000 | 51 SUFFOLK AVENUE |
| 20 Jan 2023 | £247,823 | £250,000 | 61 SUFFOLK AVENUE |
| 14 Mar 2022 | £330,265 | £320,000 | 55 SURREY AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 27 Jan 2020. Using an estimated price of £394,094 means this house is valued at £3,980 per sq meter (£369 per sq foot).
The average size of a house on BLENHEIM CHASE is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Avenue |