£230,456
This estimated value is based upon the latest sale price for the house of £45,000 on 20 Jun 1997. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£45,000 | 20 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 June 1997 the House Price Index for SOUTHEND-ON-SEA was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £45,000 results in an estimated price of approximately £230,456.
20 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.0 | 148.6 | 412.126 % | £45,000 | £185,456 | £230,456 |
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 | 511.064 % | £229,978 | £274,978 |
3 Month Average | 451.220 % | £203,048 | £248,048 |
6 Month Average | 530.639 % | £238,787 | £283,787 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £785,037 | £775,000 | 8 GLEN ROAD |
6 Sep 2023 | £398,090 | £393,000 | GROUND FLOOR APARTMENT 19 GRAND PARADE |
16 Jun 2023 | £835,116 | £825,000 | FLAT 11 STEVEN LODGE, 45 GRAND PARADE |
11 Jan 2023 | £305,561 | £307,000 | 5A GLEN ROAD |
12 Jul 2022 | £457,231 | £456,000 | FLAT C 9 GRAND PARADE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 11 Nov 2014. Using an estimated price of £230,457 means this house is valued at £6,778 per sq meter (£629 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glen Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glen Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cliff Gardens |