£315,067
This estimated value is based upon the latest sale price for the house of £272,500 on 10 Dec 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £272,500 | 10 Dec 2020 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 December 2020 the House Price Index for SOUTHEND-ON-SEA was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £272,500 results in an estimated price of approximately £315,067.
| 10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £272,500 | £42,567 | £315,067 |
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 | -11.044 % | £-30,095 | £242,404 |
| 3 Month Average | 9.365 % | £25,519 | £298,019 |
| 6 Month Average | 14.911 % | £40,633 | £313,133 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £325,000 | £325,000 | 8 KENT AVENUE |
| 19 Mar 2024 | £340,227 | £335,000 | 17 MANCHESTER DRIVE |
| 15 Dec 2023 | £309,511 | £300,000 | 55 SUFFOLK AVENUE |
| 13 Sep 2023 | £163,607 | £160,000 | 77 SUFFOLK AVENUE |
| 8 Sep 2023 | £322,100 | £315,000 | 87 SUFFOLK AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 May 2013. Using an estimated price of £315,067 means this house is valued at £4,773 per sq meter (£443 per sq foot).
The average size of a house on SUFFOLK AVENUE is 54 sq meters (589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Middlesex Avenue |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Middlesex Avenue |
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Middlesex Avenue |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Middlesex Avenue |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Middlesex Avenue |