£273,351
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jul 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£220,000 | 15 Jul 2019 |
£200,000 | 10 Jul 2015 |
£155,000 | 22 Jul 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 547 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 July 2019 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £220,000 results in an estimated price of approximately £273,351.
15 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £220,000 | £53,351 | £273,351 |
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 | -22.917 % | £-50,418 | £169,581 |
3 Month Average | 17.433 % | £38,351 | £258,351 |
6 Month Average | 23.060 % | £50,731 | £270,731 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £500,000 | £500,000 | 42 GLENDALE GARDENS |
10 May 2024 | £203,500 | £203,500 | FLAT 6 57 LYMINGTON AVENUE |
9 Nov 2023 | £548,934 | £535,000 | 35 GLENDALE GARDENS |
31 Mar 2023 | £671,209 | £660,000 | 7 LYMINGTON AVENUE |
26 Jan 2023 | £268,217 | £267,500 | 49 GLENDALE GARDENS |
This house has a floor area of 50 sq meters or 547 sq feet when measured on 25 Mar 2010. Using an estimated price of £273,351 means this house is valued at £5,376 per sq meter (£499 per sq foot).
The average size of a house on LYMINGTON AVENUE is 89 sq meters (965 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Hampton Court |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hampton Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Hampton Court |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hampton Court |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Lymington Avenue |