£322,206
This estimated value is based upon the latest sale price for the house of £260,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £260,000 | 12 Jul 2018 |
| £190,000 | 7 Mar 2018 |
| £110,000 | 30 Jan 2004 |
| Terraced |
| Freehold |
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 July 2018 the House Price Index for SOUTHEND-ON-SEA was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £260,000 results in an estimated price of approximately £322,206.
| 12 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £260,000 | £62,206 | £322,206 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | -22.783 % | £-59,236 | £200,763 |
| 3 Month Average | -9.475 % | £-24,635 | £235,364 |
| 6 Month Average | 12.062 % | £31,361 | £291,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2022 | £193,438 | £195,000 | 50A WAKERING AVENUE |
| 28 Apr 2022 | £355,281 | £345,000 | 26 WAKERING AVENUE |
| 6 Jan 2022 | £299,936 | £285,000 | 17 SHOEBURY AVENUE |
| 5 Nov 2021 | £313,639 | £290,000 | 18 FRIARS STREET |
| 27 Sep 2021 | £328,666 | £305,000 | 17 WAKERING AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Friars Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Shoebury Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shoebury Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shoebury Avenue |
| Apr 2024 | Other theft | Under investigation | On or near Southchurch Avenue |