£234,219
This estimated value is based upon the latest sale price for the house of £94,000 on 17 Jan 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£94,000 | 17 Jan 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 January 2003 the House Price Index for SOUTHEND-ON-SEA was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £94,000 results in an estimated price of approximately £234,219.
17 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £94,000 | £140,219 | £234,219 |
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 | 159.718 % | £150,134 | £244,134 |
3 Month Average | 166.043 % | £156,080 | £250,080 |
6 Month Average | 169.278 % | £159,120 | £253,120 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £182,012 | £178,000 | 213B SOUTH AVENUE |
7 Jun 2023 | £331,646 | £325,000 | 34 TRINITY ROAD |
24 Mar 2023 | £327,977 | £322,500 | 66 TRINITY ROAD |
10 Jan 2023 | £366,981 | £366,000 | 31 WESTBURY ROAD |
30 Sep 2022 | £211,858 | £212,000 | 104B TRINITY ROAD |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 18 Sep 2018. Using an estimated price of £234,219 means this house is valued at £5,855 per sq meter (£543 per sq foot).
The average size of a house on WESTBURY ROAD is 85 sq meters (915 sq feet).
This house is the smallest in the street with a floor area of 40 sq meters (430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Unable to prosecute suspect | On or near Selwyn Road |
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Selwyn Road |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selwyn Road |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Selwyn Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Westbury Road |