£221,759
This estimated value is based upon the latest sale price for the house of £222,500 on 7 Oct 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £222,500 | 7 Oct 2022 |
| £73,500 | 4 Oct 2002 |
| £31,000 | 29 May 1998 |
| Flats/Maisonettes |
| Leasehold |
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 2022 the House Price Index for SOUTHEND-ON-SEA was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £222,500 results in an estimated price of approximately £221,759.
| 7 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £222,500 | £-740 | £221,759 |
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 | -7.836 % | £-17,435 | £205,064 |
| 3 Month Average | -12.229 % | £-27,208 | £195,291 |
| 6 Month Average | 2.840 % | £6,319 | £228,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £302,500 | £302,500 | 64 LOVELACE GARDENS |
| 5 Oct 2023 | £450,226 | £440,000 | 36 LOVELACE GARDENS |
| 29 Jun 2023 | £221,438 | £217,000 | 56 LOVELACE GARDENS |
| 28 Apr 2023 | £142,668 | £140,000 | 56A LOVELACE GARDENS |
| 16 Feb 2023 | £251,681 | £250,000 | 97 STORNOWAY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stornoway Road |
| Aug 2024 | Drugs | Investigation complete; no suspect identified | On or near Stornoway Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Stornoway Road |
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Stornoway Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trinity Road |