£308,919
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Jul 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£235,000 | 22 Jul 2016 |
£174,995 | 8 Aug 2014 |
£157,000 | 8 Sep 2006 |
£73,000 | 14 Sep 2001 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 July 2016 the House Price Index for SOUTHEND-ON-SEA was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.455%.Applying this 31.455% change to the original purchase price of £235,000 results in an estimated price of approximately £308,919.
22 Jul 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 146.7 | 31.455 % | £235,000 | £73,919 | £308,919 |
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 | 39.315 % | £92,390 | £327,390 |
3 Month Average | 15.743 % | £36,995 | £271,995 |
6 Month Average | 31.903 % | £74,972 | £309,972 |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 27 Feb 2014.
The average size of a house on ARTERIAL ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Falcon Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Priory Mews |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Priory Mews |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Priory Mews |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Petrol Station |