£291,983
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £250,000 | 27 Nov 2020 |
| £170,000 | 19 Dec 2014 |
| £131,000 | 18 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2020 the House Price Index for SOUTHEND-ON-SEA was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £250,000 results in an estimated price of approximately £291,983.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £250,000 | £41,983 | £291,983 |
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 | 15.771 % | £39,428 | £289,428 |
| 3 Month Average | 25.947 % | £64,868 | £314,868 |
| 6 Month Average | 23.580 % | £58,950 | £308,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £294,035 | £285,000 | 34 PHILPOTT AVENUE |
| 27 Oct 2023 | £378,599 | £370,000 | 11 NEWINGTON CLOSE |
| 28 Apr 2023 | £280,242 | £275,000 | 2 ARCHER CLOSE |
| 10 Feb 2023 | £286,917 | £285,000 | 153 NEWINGTON AVENUE |
| 20 Jan 2023 | £310,831 | £310,000 | 167 NEWINGTON AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 16 Oct 2014. Using an estimated price of £291,984 means this house is valued at £4,112 per sq meter (£382 per sq foot).
There is one other house on the street which we know the size of, this is 4 WELCH CLOSE it is 77.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welch Close |
| Oct 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vallance Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vallance Close |
| Sep 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Vallance Close |
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Vallance Close |