£241,088
This estimated value is based upon the latest sale price for the house of £159,000 on 10 Sep 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £159,000 | 10 Sep 2014 |
| £110,000 | 9 Oct 2003 |
| £108,000 | 16 May 2003 |
| £59,995 | 19 Nov 1999 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2014 the House Price Index for SOUTHEND-ON-SEA was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £159,000 results in an estimated price of approximately £241,088.
| 10 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £159,000 | £82,088 | £241,088 |
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 | 48.721 % | £77,466 | £236,466 |
| 3 Month Average | 47.733 % | £75,895 | £234,895 |
| 6 Month Average | 56.223 % | £89,393 | £248,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £363,250 | £355,000 | 10 PARK STREET |
| 20 Oct 2023 | £341,938 | £334,172 | 58 PARK STREET |
| 15 Jul 2022 | £333,340 | £330,000 | 67 PARK STREET |
| 14 Jul 2022 | £156,569 | £155,000 | 69A PARK STREET |
| 21 Apr 2022 | £264,543 | £255,000 | 21 PARK STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 26 Jun 2014. Using an estimated price of £241,089 means this house is valued at £4,156 per sq meter (£386 per sq foot).
The average size of a house on PARK STREET is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Park Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Street |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Park Street |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Park Street |