£112,029
This estimated value is based upon the latest sale price for the house of £76,000 on 23 Mar 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £76,000 | 23 Mar 2015 |
| £85,690 | 23 Apr 2008 |
| £79,950 | 4 Jun 2004 |
| £17,750 | 10 Jun 1998 |
| £45,000 | 9 Dec 1996 |
| £10,000 | 3 Jun 1996 |
| £13,000 | 3 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 March 2015 the House Price Index for SOUTHEND-ON-SEA was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £76,000 results in an estimated price of approximately £112,029.
| 23 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £76,000 | £36,029 | £112,029 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 64.324 % | £48,886 | £124,886 |
| 3 Month Average | 24.483 % | £18,606 | £94,606 |
| 6 Month Average | 30.480 % | £23,164 | £99,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £175,063 | £172,000 | 22A BURNABY ROAD |
| 29 Mar 2023 | £222,092 | £220,000 | 51 EASTERN ESPLANADE |
| 27 Mar 2023 | £166,569 | £165,000 | 15B BERESFORD ROAD |
| 24 Mar 2023 | £156,474 | £155,000 | 15A BERESFORD ROAD |
| 18 Nov 2022 | £313,206 | £317,000 | OAK VILLA BEACH ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Nov 2013. Using an estimated price of £112,029 means this house is valued at £1,898 per sq meter (£176 per sq foot).
The average size of a house on EASTERN ESPLANADE is 81 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burdett Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Other theft | Under investigation | On or near Parking Area |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |