£1,392,797
This estimated value is based upon the latest sale price for the house of £1,350,000 on 12 Dec 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 |
|---|---|
| £1,350,000 | 12 Dec 2023 |
| £850,000 | 24 Mar 2010 |
| £650,000 | 21 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 195 sq meters or 2,104 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 December 2023 the House Price Index for SOUTHEND-ON-SEA was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,392,797.
| 12 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.1 | 149.7 | 3.170 % | £1,350,000 | £42,797 | £1,392,797 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | 18.534 % | £250,214 | £1,600,214 |
| 3 Month Average | -1.898 % | £-25,624 | £1,324,375 |
| 6 Month Average | 1.651 % | £22,291 | £1,372,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £504,375 | £499,995 | 19 ASHLEIGH DRIVE |
| 12 Dec 2023 | £1,392,798 | £1,350,000 | 34 CLIFF PARADE |
| 31 Oct 2023 | £2,916,234 | £2,850,000 | 30 CLIFF PARADE |
| 23 Oct 2023 | £542,317 | £530,000 | 5 QUEENS ROAD |
| 5 Sep 2023 | £490,820 | £480,000 | 14 QUEENS ROAD |
This house has a floor area of 195 sq meters or 2,104 sq feet when measured on 9 Apr 2009. Using an estimated price of £1,392,798 means this house is valued at £7,122 per sq meter (£661 per sq foot).
The average size of a house on CLIFF PARADE is 141 sq meters (1,520 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Local resolution | On or near Queens Road |
| May 2024 | Other theft | Unable to prosecute suspect | On or near Avenue Road |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Avenue Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Ashleigh Drive |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Ashleigh Drive |