£313,287
This estimated value is based upon the latest sale price for the house of £250,000 on 12 Jun 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 |
---|---|
£250,000 | 12 Jun 2018 |
£140,000 | 27 Feb 2004 |
£118,000 | 7 Mar 2003 |
£57,995 | 25 Nov 1998 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 June 2018 the House Price Index for SOUTHEND-ON-SEA was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £250,000 results in an estimated price of approximately £313,287.
12 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £250,000 | £63,287 | £313,287 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 37.512 % | £93,778 | £343,778 |
3 Month Average | 17.250 % | £43,125 | £293,125 |
6 Month Average | 20.312 % | £50,780 | £300,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £361,096 | £350,000 | 48 ROCHFORD AVENUE |
14 Dec 2023 | £312,606 | £303,000 | 27 RAYLEIGH AVENUE |
13 Oct 2023 | £112,556 | £110,000 | 112 WEST ROAD |
13 Oct 2023 | £168,835 | £165,000 | 7A RAYLEIGH AVENUE |
5 Sep 2023 | £184,057 | £180,000 | 136 WEST ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 28 Sep 2016. Using an estimated price of £313,288 means this house is valued at £3,368 per sq meter (£312 per sq foot).
The average size of a house on ROCHFORD AVENUE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rochford Avenue |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Rayleigh Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Rayleigh Avenue |
Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rayleigh Avenue |