£368,883
This estimated value is based upon the latest sale price for the house of £70,000 on 15 Apr 1997. 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 Macmurdo Close
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| Price Paid | Date |
|---|---|
| £70,000 | 15 Apr 1997 |
| £73,000 | 30 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 April 1997 the House Price Index for SOUTHEND-ON-SEA was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £70,000 results in an estimated price of approximately £368,883.
| 15 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 149.7 | 426.976 % | £70,000 | £298,883 | £368,883 |
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 | 397.059 % | £277,941 | £347,941 |
| 3 Month Average | 518.099 % | £362,669 | £432,669 |
| 6 Month Average | 551.752 % | £386,226 | £456,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £226,974 | £220,000 | FLAT 15 CLYST COURT, 383 RAYLEIGH ROAD |
| 22 Aug 2023 | £390,035 | £383,000 | 14 THE RODINGS |
| 26 Jun 2023 | £438,793 | £430,000 | 32 THE RODINGS |
| 21 Jun 2023 | £474,509 | £465,000 | 16 THE RODINGS |
| 16 Jan 2023 | £180,482 | £180,000 | 379A RAYLEIGH ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Feb 2015. Using an estimated price of £368,883 means this house is valued at £4,498 per sq meter (£417 per sq foot).
The average size of a house on THE RODINGS is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Macmurdo Close |
| Jun 2024 | Public order | Under investigation | On or near Rodings Close |
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Rodings Close |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rodings Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sairard Close |