£342,037
This estimated value is based upon the latest sale price for the house of £272,000 on 23 Apr 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Somerville Gardens
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| Price Paid | Date |
|---|---|
| £272,000 | 23 Apr 2018 |
| £192,000 | 14 Feb 2014 |
| £52,000 | 16 Jan 1998 |
| £41,500 | 20 Apr 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 April 2018 the House Price Index for SOUTHEND-ON-SEA was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £272,000 results in an estimated price of approximately £342,037.
| 23 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £272,000 | £70,037 | £342,037 |
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 | -12.281 % | £-33,404 | £238,595 |
| 3 Month Average | 20.899 % | £56,844 | £328,844 |
| 6 Month Average | 24.238 % | £65,926 | £337,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £835,061 | £820,000 | 2 WOODFIELD GARDENS |
| 23 Feb 2023 | £362,421 | £360,000 | 25B HILLSIDE CRESCENT |
| 30 Jan 2023 | £180,482 | £180,000 | 7A NELSON DRIVE |
| 3 Aug 2022 | £329,541 | £328,000 | 24A CARLTON DRIVE |
| 31 May 2022 | £434,315 | £423,000 | 4 HILLSIDE CRESCENT |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 11 May 2018. Using an estimated price of £342,038 means this house is valued at £4,957 per sq meter (£460 per sq foot).
The average size of a house on HILLSIDE CRESCENT is 126 sq meters (1,357 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerville Gardens |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Carlton Drive |
| May 2024 | Anti-social behaviour | On or near Carlton Drive | |
| May 2024 | Anti-social behaviour | On or near Carlton Drive | |
| May 2024 | Anti-social behaviour | On or near Carlton Drive |