£674,089
This estimated value is based upon the latest sale price for the house of £675,000 on 13 Jul 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 Vernon Road
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| Price Paid | Date |
|---|---|
| £675,000 | 13 Jul 2022 |
| £329,500 | 2 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2022 the House Price Index for SOUTHEND-ON-SEA was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £675,000 results in an estimated price of approximately £674,089.
| 13 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £675,000 | £-910 | £674,089 |
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 | -20.869 % | £-140,867 | £534,132 |
| 3 Month Average | 1.582 % | £10,679 | £685,679 |
| 6 Month Average | -3.181 % | £-21,470 | £653,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £621,763 | £610,000 | 22 VERNON ROAD |
| 14 Apr 2023 | £337,509 | £335,000 | 3 VERNON COURT VERNON ROAD |
| 24 Aug 2022 | £337,718 | £340,000 | 11A HARLEY STREET |
| 13 Jul 2022 | £674,089 | £675,000 | 28 HERSCHELL ROAD |
| 29 Apr 2022 | £1,461,538 | £1,425,000 | 16 HERSCHELL ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 19 Nov 2021. Using an estimated price of £674,089 means this house is valued at £9,234 per sq meter (£857 per sq foot).
The average size of a house on HERSCHELL ROAD is 117 sq meters (1,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Vernon Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Vernon Road |
| Mar 2024 | Drugs | Local resolution | On or near Harley Street |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Harley Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Harley Street |