£302,829
This estimated value is based upon the latest sale price for the house of £241,000 on 18 May 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 |
|---|---|
| £241,000 | 18 May 2018 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 May 2018 the House Price Index for SOUTHEND-ON-SEA was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £241,000 results in an estimated price of approximately £302,829.
| 18 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £241,000 | £61,829 | £302,829 |
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 | 33.489 % | £80,708 | £321,708 |
| 3 Month Average | 19.226 % | £46,335 | £287,335 |
| 6 Month Average | 21.874 % | £52,715 | £293,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £314,669 | £305,000 | 20 DURHAM ROAD |
| 7 Dec 2023 | £299,194 | £290,000 | 52 CROSSFIELD ROAD |
| 23 Jun 2023 | £326,544 | £320,000 | 341 CENTRAL AVENUE |
| 11 Nov 2022 | £338,418 | £340,000 | 17 CROSSFIELD ROAD |
| 17 Jun 2022 | £398,519 | £390,000 | 15 DURHAM ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 7 Dec 2017. Using an estimated price of £302,829 means this house is valued at £2,998 per sq meter (£278 per sq foot).
The average size of a house on DURHAM ROAD is 96 sq meters (1,038 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durham Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Durham Road |
| Oct 2024 | Public order | Under investigation | On or near Durham Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Durham Road |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lonsdale Road |