£454,544
This estimated value is based upon the latest sale price for the house of £380,000 on 29 Sep 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £380,000 | 29 Sep 2020 |
| £85,000 | 15 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 152 sq meters or 1,636 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 September 2020 the House Price Index for SOUTHEND-ON-SEA was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £380,000 results in an estimated price of approximately £454,544.
| 29 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £380,000 | £74,544 | £454,544 |
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 | -3.288 % | £-12,495 | £367,504 |
| 3 Month Average | -0.420 % | £-1,594 | £378,405 |
| 6 Month Average | 10.180 % | £38,685 | £418,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2024 | £270,000 | £270,000 | 338 BOURNEMOUTH PARK ROAD |
| 16 Apr 2024 | £307,672 | £305,000 | 63 ROYSTON AVENUE |
| 10 Nov 2023 | £323,204 | £315,000 | 127 WENTWORTH ROAD |
| 19 Sep 2023 | £383,453 | £375,000 | 308 BOURNEMOUTH PARK ROAD |
| 17 Oct 2022 | £284,051 | £285,000 | 342 BOURNEMOUTH PARK ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 23 Jun 2020. Using an estimated price of £454,545 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on BOURNEMOUTH PARK ROAD is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Royston Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Royston Avenue |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyndale Avenue |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Lyndale Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lyndale Avenue |