£534,922
This estimated value is based upon the latest sale price for the house of £430,000 on 13 Sep 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 |
|---|---|
| £430,000 | 13 Sep 2018 |
| £337,000 | 26 Oct 2015 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2018 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £430,000 results in an estimated price of approximately £534,922.
| 13 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £430,000 | £104,922 | £534,922 |
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 | 5.405 % | £23,241 | £453,241 |
| 3 Month Average | 6.073 % | £26,113 | £456,113 |
| 6 Month Average | 13.932 % | £59,907 | £489,907 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £547,059 | £535,000 | 103 CHALKWELL PARK DRIVE |
| 30 Jun 2022 | £286,116 | £280,000 | 27E CLIFFSEA GROVE |
| 27 May 2022 | £657,119 | £640,000 | 85 CHALKWELL PARK DRIVE |
| 13 May 2022 | £477,438 | £465,000 | 31 CHALKWELL PARK DRIVE |
| 13 Apr 2022 | £544,647 | £525,000 | 87 CHALKWELL PARK DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 18 Jun 2015. Using an estimated price of £534,923 means this house is valued at £6,078 per sq meter (£564 per sq foot).
The average size of a house on MARGUERITE DRIVE is 98 sq meters (1,059 sq feet).