£315,453
This estimated value is based upon the latest sale price for the house of £270,000 on 30 Oct 2020. 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 Laurel Close
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| Price Paid | Date |
|---|---|
| £270,000 | 30 Oct 2020 |
| £265,000 | 19 May 2017 |
| £227,000 | 30 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 October 2020 the House Price Index for SOUTHEND-ON-SEA was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £270,000 results in an estimated price of approximately £315,453.
| 30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £270,000 | £45,453 | £315,453 |
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 | -7.333 % | £-19,800 | £250,199 |
| 3 Month Average | 16.113 % | £43,503 | £313,503 |
| 6 Month Average | 18.315 % | £49,449 | £319,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £347,066 | £340,500 | 8 NEW ROAD |
| 21 Aug 2023 | £321,958 | £320,000 | 27 NEW ROAD |
| 16 Jun 2023 | £453,678 | £450,000 | 27 HADLEIGH ROAD |
| 29 Apr 2022 | £369,231 | £360,000 | 10 NEW ROAD |
| 14 Feb 2022 | £334,227 | £320,000 | 25 LAUREL CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 20 Jun 2020. Using an estimated price of £315,454 means this house is valued at £4,779 per sq meter (£444 per sq foot).
The average size of a house on LAUREL CLOSE is 69 sq meters (748 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Laurel Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Close |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close |