£295,802
This estimated value is based upon the latest sale price for the house of £279,995 on 1 Feb 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Caroline'S Close
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| Price Paid | Date |
|---|---|
| £279,995 | 1 Feb 2022 |
| £82,000 | 10 May 2002 |
| £56,500 | 21 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2022 the House Price Index for SOUTHEND-ON-SEA was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £279,995 results in an estimated price of approximately £295,802.
| 1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £279,995 | £15,807 | £295,802 |
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 | 23.314 % | £65,277 | £345,272 |
| 3 Month Average | 12.431 % | £34,804 | £314,799 |
| 6 Month Average | 10.842 % | £30,355 | £310,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £269,135 | £265,000 | 39 DEREK GARDENS |
| 6 Apr 2023 | £249,670 | £245,000 | 8 AUDLEYS CLOSE |
| 12 Aug 2022 | £316,480 | £315,000 | 43 ALTON GARDENS |
| 11 Aug 2022 | £291,362 | £290,000 | 7 CAROLINES CLOSE |
| 5 Aug 2022 | £217,015 | £216,000 | 272 ROCHFORD ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 6 Jan 2020. Using an estimated price of £295,803 means this house is valued at £3,563 per sq meter (£331 per sq foot).
The average size of a house on CAROLINES CLOSE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Unable to prosecute suspect | On or near Caroline'S Close |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Caroline'S Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Caroline'S Close |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Caroline'S Close |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caroline'S Close |