£793,010
This estimated value is based upon the latest sale price for the house of £775,000 on 31 Oct 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £775,000 | 31 Oct 2023 |
| £560,000 | 5 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 October 2023 the House Price Index for SOUTHEND-ON-SEA was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £775,000 results in an estimated price of approximately £793,010.
| 31 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £775,000 | £18,010 | £793,010 |
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 | -1.163 % | £-9,014 | £765,985 |
| 3 Month Average | 2.647 % | £20,516 | £795,516 |
| 6 Month Average | -0.992 % | £-7,689 | £767,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Oct 2024 | £760,000 | £760,000 | 278 WESTERN ROAD |
| 31 Oct 2023 | £793,011 | £775,000 | 268 WESTERN ROAD |
| 5 Oct 2023 | £1,023,240 | £1,000,000 | 33 MARINE CLOSE |
| 23 Jun 2023 | £969,427 | £950,000 | 156 MARINE PARADE |
| 6 Apr 2023 | £886,583 | £870,000 | 20 BERKELEY GARDENS |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 8 Jul 2014. Using an estimated price of £793,011 means this house is valued at £4,505 per sq meter (£418 per sq foot).
The average size of a house on WESTERN ROAD is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Marine Close | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marine Close |
| Aug 2024 | Anti-social behaviour | On or near Marine Close | |
| Aug 2024 | Anti-social behaviour | On or near Marine Close | |
| Sep 2024 | Burglary | Awaiting court outcome | On or near Quorn Gardens |