£445,826
This estimated value is based upon the latest sale price for the house of £262,000 on 6 Oct 2006. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £262,000 | 6 Oct 2006 |
| £210,000 | 27 Jan 2003 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 765 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 October 2006 the House Price Index for SOUTHEND-ON-SEA was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £262,000 results in an estimated price of approximately £445,826.
| 6 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £262,000 | £183,826 | £445,826 |
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 | 48.467 % | £126,983 | £388,983 |
| 3 Month Average | 85.608 % | £224,292 | £486,292 |
| 6 Month Average | 95.801 % | £250,997 | £512,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £288,868 | £282,500 | 172A WESTERN ROAD |
| 16 Aug 2023 | £150,209 | £147,500 | 1420A LONDON ROAD |
| 18 Nov 2022 | £233,906 | £235,000 | 1434 LONDON ROAD |
| 30 Sep 2021 | £316,986 | £292,000 | 16A CRESCENT ROAD |
| 29 Sep 2021 | £825,033 | £760,000 | 44 CRESCENT ROAD |
This house has a floor area of 71 sq meters or 765 sq feet when measured on 8 Feb 2012. Using an estimated price of £445,826 means this house is valued at £6,272 per sq meter (£582 per sq foot).
The average size of a house on PARK ROAD is 115 sq meters (1,247 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Crescent Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hospital |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Hospital |
| Jul 2024 | Shoplifting | Under investigation | On or near Supermarket |