£359,893
This estimated value is based upon the latest sale price for the house of £295,000 on 11 Jun 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 |
|---|---|
| £295,000 | 11 Jun 2020 |
| £179,000 | 28 Aug 2009 |
| £156,000 | 7 Nov 2003 |
| £65,000 | 28 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 2020 the House Price Index for SOUTHEND-ON-SEA was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £295,000 results in an estimated price of approximately £359,893.
| 11 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £295,000 | £64,893 | £359,893 |
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 | 32.220 % | £95,049 | £390,049 |
| 3 Month Average | 8.510 % | £25,105 | £320,105 |
| 6 Month Average | 16.449 % | £48,523 | £343,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £361,096 | £350,000 | 264 SOUTH AVENUE |
| 4 Sep 2023 | £358,401 | £350,500 | 295 SOUTH AVENUE |
| 31 Jan 2023 | £381,018 | £380,000 | 254 SOUTH AVENUE |
| 13 May 2022 | £287,490 | £280,000 | 270 CENTRAL AVENUE |
| 28 Jan 2022 | £217,341 | £205,000 | 284A SOUTH AVENUE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 10 Oct 2019. Using an estimated price of £359,894 means this house is valued at £2,607 per sq meter (£242 per sq foot).
The average size of a house on SOUTH AVENUE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Trinity Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Trinity Road |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Trinity Road |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trinity Road |