£241,725
This estimated value is based upon the latest sale price for the house of £228,000 on 14 Jan 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 |
|---|---|
| £228,000 | 14 Jan 2022 |
| £205,000 | 7 Feb 2020 |
| £130,000 | 28 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 January 2022 the House Price Index for SOUTHEND-ON-SEA was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £228,000 results in an estimated price of approximately £241,725.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £228,000 | £13,725 | £241,725 |
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 | 19.932 % | £45,444 | £273,444 |
| 3 Month Average | 15.896 % | £36,243 | £264,243 |
| 6 Month Average | 7.792 % | £17,766 | £245,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £363,154 | £360,000 | 10 PILGRIMS CLOSE |
| 15 Sep 2023 | £250,625 | £245,100 | FLAT 7 3 ZEUS ROAD |
| 19 Aug 2022 | £236,104 | £235,000 | FLAT 16 5 ZEUS ROAD |
| 25 Jul 2022 | £247,480 | £245,000 | FLAT 6 3 ZEUS ROAD |
| 13 Apr 2022 | £247,944 | £239,000 | FLAT 6 5 ZEUS ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 20 Feb 2019. Using an estimated price of £241,725 means this house is valued at £4,097 per sq meter (£380 per sq foot).
The average size of a house on ZEUS ROAD is 37 sq meters (399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Zeus Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Zeus Road |
| Aug 2024 | Anti-social behaviour | On or near Zeus Road | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Zeus Road |
| Aug 2024 | Anti-social behaviour | On or near Zeus Road |