£356,668
This estimated value is based upon the latest sale price for the house of £77,000 on 18 Dec 1998. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £77,000 | 18 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 798 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 1998 the House Price Index for SOUTHEND-ON-SEA was 32.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 363.206%.Applying this 363.206% change to the original purchase price of £77,000 results in an estimated price of approximately £356,668.
| 18 Dec 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.3 | 149.7 | 363.206 % | £77,000 | £279,668 | £356,668 |
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 | 357.761 % | £275,475 | £352,475 |
| 3 Month Average | 433.739 % | £333,979 | £410,979 |
| 6 Month Average | 453.539 % | £349,225 | £426,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £475,000 | £475,000 | 50 PINEWOOD AVENUE |
| 5 Mar 2024 | £335,149 | £330,000 | 22 CHESTERFIELD CRESCENT |
| 10 Nov 2023 | £454,025 | £442,500 | 29 BROOKFIELDS |
| 14 Feb 2023 | £402,690 | £400,000 | 33 SOUTHERNHAY |
| 3 Jan 2023 | £1,754,688 | £1,750,000 | UNIT 4 AIRBORNE INDUSTRIAL ESTATE |
This house has a floor area of 74 sq meters or 798 sq feet when measured on 31 Aug 2010. Using an estimated price of £356,669 means this house is valued at £4,806 per sq meter (£446 per sq foot).
The average size of a house on SOUTHERNHAY is 78 sq meters (847 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pinewood Avenue |
| May 2024 | Anti-social behaviour | On or near Pinewood Avenue | |
| May 2024 | Anti-social behaviour | On or near Pinewood Avenue | |
| May 2024 | Anti-social behaviour | On or near Pinewood Avenue |