£309,761
This estimated value is based upon the latest sale price for the house of £245,000 on 3 Jan 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £245,000 | 3 Jan 2018 |
| Terraced |
| 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 January 2018 the House Price Index for SOUTHEND-ON-SEA was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £245,000 results in an estimated price of approximately £309,761.
| 3 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £245,000 | £64,761 | £309,761 |
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 | 3.530 % | £8,647 | £253,647 |
| 3 Month Average | 29.764 % | £72,921 | £317,921 |
| 6 Month Average | 25.715 % | £63,002 | £308,002 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Aug 2024 | £310,000 | £310,000 | 236 NORTH AVENUE |
| 24 Oct 2023 | £370,413 | £362,000 | 240 NORTH AVENUE |
| 20 Jan 2023 | £421,125 | £420,000 | 10 GROVELANDS |
| 5 Aug 2022 | £391,832 | £390,000 | 296 NORTH AVENUE |
| 26 Jul 2022 | £378,796 | £375,000 | 1 GROVELANDS |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 25 Jul 2017. Using an estimated price of £309,761 means this house is valued at £3,777 per sq meter (£350 per sq foot).
The average size of a house on NORTH AVENUE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Seaforth Grove |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaforth Grove |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lonsdale Road |