£341,966
This estimated value is based upon the latest sale price for the house of £330,000 on 24 Mar 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £330,000 | 24 Mar 2022 |
| £266,000 | 17 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2022 the House Price Index for SOUTHEND-ON-SEA was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £330,000 results in an estimated price of approximately £341,966.
| 24 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £330,000 | £11,966 | £341,966 |
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 | -8.606 % | £-28,399 | £301,600 |
| 3 Month Average | -10.005 % | £-33,016 | £296,983 |
| 6 Month Average | 0.353 % | £1,163 | £331,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £222,395 | £220,000 | 38 CHEDDAR AVENUE |
| 10 Feb 2023 | £374,748 | £375,000 | 14 TREECOT DRIVE |
| 6 Feb 2023 | £369,751 | £370,000 | 41 JUNIPER ROAD |
| 18 Nov 2022 | £574,047 | £581,000 | 128 BRIDGWATER DRIVE |
| 15 Jul 2022 | £330,891 | £330,000 | 7 JUNIPER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 1 Dec 2021. Using an estimated price of £341,967 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on TREECOT DRIVE is 88 sq meters (948 sq feet).