£225,577
This estimated value is based upon the latest sale price for the house of £40,000 on 7 Jun 1996. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£40,000 | 7 Jun 1996 |
£24,500 | 9 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 1996 the House Price Index for SOUTHEND-ON-SEA was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £40,000 results in an estimated price of approximately £225,577.
7 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 463.944 % | £40,000 | £185,577 | £225,577 |
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 | 675.063 % | £270,025 | £310,025 |
3 Month Average | 624.830 % | £249,931 | £289,931 |
6 Month Average | 625.027 % | £250,010 | £290,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £333,465 | £325,000 | 195 ROYSTON AVENUE |
1 Jun 2023 | £275,521 | £270,000 | 6 WEYBOURNE CLOSE |
13 Jan 2023 | £352,943 | £352,000 | 18 WEYBOURNE GARDENS |
9 Sep 2022 | £349,766 | £350,000 | 135 ROYSTON AVENUE |
10 Jun 2022 | £357,645 | £350,000 | 6 WEYBOURNE GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 30 Aug 2019. Using an estimated price of £225,578 means this house is valued at £2,278 per sq meter (£211 per sq foot).
The average size of a house on WALTHAM CRESCENT is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Waltham Crescent |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weybourne Close |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Weybourne Close |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Weybourne Close |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weybourne Close |