£283,275
This estimated value is based upon the latest sale price for the house of £260,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £260,000 | 25 Nov 2021 |
| £47,500 | 23 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 November 2021 the House Price Index for SOUTHEND-ON-SEA was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £260,000 results in an estimated price of approximately £283,275.
| 25 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £260,000 | £23,275 | £283,275 |
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 | 21.260 % | £55,276 | £315,276 |
| 3 Month Average | 4.041 % | £10,507 | £270,507 |
| 6 Month Average | 3.282 % | £8,534 | £268,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £379,637 | £370,000 | 190 SOUTH AVENUE |
| 22 Sep 2023 | £182,012 | £178,000 | 213B SOUTH AVENUE |
| 21 Jun 2023 | £126,536 | £124,000 | 201 SOUTH AVENUE |
| 24 Mar 2023 | £332,554 | £327,000 | 227 SOUTH AVENUE |
| 3 Mar 2023 | £284,755 | £280,000 | 225 SOUTH AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Jul 2021. Using an estimated price of £283,275 means this house is valued at £3,372 per sq meter (£313 per sq foot).
The average size of a house on SOUTH AVENUE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Local resolution | On or near South Avenue |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lyme Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lyme Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lyme Road |