£343,373
This estimated value is based upon the latest sale price for the house of £294,000 on 27 Nov 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 |
|---|---|
| £294,000 | 27 Nov 2020 |
| £175,000 | 14 Sep 2007 |
| £56,500 | 14 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2020 the House Price Index for SOUTHEND-ON-SEA was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £294,000 results in an estimated price of approximately £343,373.
| 27 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £294,000 | £49,373 | £343,373 |
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 | 17.821 % | £52,394 | £346,394 |
| 3 Month Average | 34.869 % | £102,515 | £396,515 |
| 6 Month Average | 23.090 % | £67,885 | £361,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £439,147 | £428,000 | 35 OLD MEAD |
| 24 Oct 2023 | £327,437 | £320,000 | 154 WESTERN APPROACHES |
| 22 Sep 2023 | £403,904 | £395,000 | 146 WESTERN APPROACHES |
| 15 Feb 2023 | £276,849 | £275,000 | 51 CONISTON |
| 30 Aug 2022 | £333,560 | £332,000 | 142 WESTERN APPROACHES |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 21 Jul 2020. Using an estimated price of £343,373 means this house is valued at £3,652 per sq meter (£339 per sq foot).
The average size of a house on OLD MEAD is 69 sq meters (750 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Unable to prosecute suspect | On or near Old Mead |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mead |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coniston |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Nov 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |