£467,105
This estimated value is based upon the latest sale price for the house of £370,000 on 16 Mar 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 |
|---|---|
| £370,000 | 16 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 March 2018 the House Price Index for SOUTHEND-ON-SEA was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £370,000 results in an estimated price of approximately £467,105.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £370,000 | £97,105 | £467,105 |
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 | 5.031 % | £18,613 | £388,613 |
| 3 Month Average | 11.395 % | £42,162 | £412,162 |
| 6 Month Average | 25.196 % | £93,224 | £463,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £288,877 | £280,000 | 21 DULVERTON CLOSE |
| 2 Nov 2023 | £331,413 | £323,000 | 15 EXFORD AVENUE |
| 8 Sep 2023 | £449,918 | £440,000 | 7 LANGPORT DRIVE |
| 20 Jun 2023 | £306,135 | £300,000 | 15 DULVERTON CLOSE |
| 18 Jul 2022 | £401,523 | £397,500 | 28 LANGPORT DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 14 Mar 2018. Using an estimated price of £467,105 means this house is valued at £4,766 per sq meter (£442 per sq foot).
The average size of a house on SOMERTON AVENUE is 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Offender given a caution | On or near Somerton Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Somerton Avenue |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Somerton Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Somerton Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glastonbury Chase |