£314,299
This estimated value is based upon the latest sale price for the house of £255,000 on 21 Feb 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 |
|---|---|
| £255,000 | 21 Feb 2020 |
| £220,000 | 8 Feb 2017 |
| £159,000 | 28 Feb 2014 |
| £134,000 | 11 Mar 2013 |
| £37,500 | 5 Oct 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 83 sq meters or 902 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 February 2020 the House Price Index for SOUTHEND-ON-SEA was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £255,000 results in an estimated price of approximately £314,299.
| 21 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £255,000 | £59,299 | £314,299 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 16.470 % | £41,997 | £296,997 |
| 3 Month Average | 12.268 % | £31,284 | £286,284 |
| 6 Month Average | 15.215 % | £38,797 | £293,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £502,762 | £490,000 | 215 SOUTHBOURNE GROVE |
| 6 Oct 2023 | £532,085 | £520,000 | 234 WESTBOURNE GROVE |
| 3 Feb 2023 | £432,892 | £430,000 | 241 WESTBOURNE GROVE |
| 24 Aug 2022 | £551,579 | £549,000 | 198 SOUTHBOURNE GROVE |
| 4 Aug 2022 | £426,997 | £425,000 | 142 SOUTHBOURNE GROVE |
This house has a floor area of 83 sq meters or 902 sq feet when measured on 7 Oct 2011. Using an estimated price of £314,299 means this house is valued at £3,749 per sq meter (£348 per sq foot).
The average size of a house on SOUTHBOURNE GROVE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Sep 2024 | Anti-social behaviour | On or near Southbourne Grove | |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Southbourne Grove |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southbourne Grove |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Southbourne Grove |