£317,853
This estimated value is based upon the latest sale price for the house of £234,950 on 23 May 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £234,950 | 23 May 2016 |
| £160,000 | 15 Jul 2011 |
| £154,000 | 28 Apr 2006 |
| £82,000 | 29 Sep 2000 |
| £52,000 | 27 Jun 1997 |
| £53,600 | 23 Jun 1995 |
| 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 May 2016 the House Price Index for SOUTHEND-ON-SEA was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £234,950 results in an estimated price of approximately £317,853.
| 23 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £234,950 | £82,903 | £317,853 |
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 | -10.916 % | £-25,647 | £209,302 |
| 3 Month Average | 39.426 % | £92,631 | £327,581 |
| 6 Month Average | 37.896 % | £89,037 | £323,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £290,235 | £285,000 | 10 WATKINS WAY |
| 14 Aug 2023 | £252,555 | £248,000 | 42 COLLINGWOOD WAY |
| 8 Jun 2023 | £288,277 | £282,500 | 4 COLLINGWOOD WAY |
| 27 Apr 2022 | £290,478 | £280,000 | 12 MILBANKE CLOSE |
| 16 Jun 2021 | £305,885 | £283,000 | 33 COLLINGWOOD WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Collingwood Way |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Keyes Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Toucan Close |
| Jul 2024 | Anti-social behaviour | On or near Osprey Close | |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Osprey Close |