£153,067
This estimated value is based upon the latest sale price for the house of £150,000 on 22 Jun 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £150,000 | 22 Jun 2023 |
| £122,000 | 1 Jun 2010 |
| £93,150 | 2 Sep 2009 |
| £91,000 | 7 Oct 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 16 sq meters or 172 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 2023 the House Price Index for SOUTHEND-ON-SEA was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £150,000 results in an estimated price of approximately £153,067.
| 22 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £150,000 | £3,067 | £153,067 |
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 | -3.264 % | £-4,896 | £145,103 |
| 3 Month Average | -1.414 % | £-2,120 | £147,879 |
| 6 Month Average | 3.639 % | £5,459 | £155,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £228,511 | £225,000 | 182A SUTTON ROAD |
| 25 Oct 2023 | £153,486 | £150,000 | 51 SUTTON ROAD |
| 22 Jun 2023 | £143,883 | £141,000 | 30 SUTTON ROAD |
| 22 Jun 2023 | £153,067 | £150,000 | 30A SUTTON ROAD |
| 10 Mar 2023 | £4,479,305 | £4,404,500 | 57 SUTTON ROAD |
This house has a floor area of 16 sq meters or 172 sq feet when measured on 30 Oct 2019. Using an estimated price of £153,067 means this house is valued at £9,566 per sq meter (£888 per sq foot).
The average size of a house on SUTTON ROAD is 74 sq meters (807 sq feet).
This house is the smallest in the street with a floor area of 16 sq meters (172 sq feet).