£221,437
This estimated value is based upon the latest sale price for the house of £217,000 on 29 Jun 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £217,000 | 29 Jun 2023 |
| £187,000 | 15 Jun 2017 |
| £92,000 | 19 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 June 2023 the House Price Index for SOUTHEND-ON-SEA was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £217,000 results in an estimated price of approximately £221,437.
| 29 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 149.7 | 2.045 % | £217,000 | £4,437 | £221,437 |
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 | -3.264 % | £-7,083 | £209,916 |
| 3 Month Average | -1.414 % | £-3,067 | £213,932 |
| 6 Month Average | 3.639 % | £7,897 | £224,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jun 2024 | £302,500 | £302,500 | 64 LOVELACE GARDENS |
| 29 May 2024 | £340,000 | £340,000 | 55 LOVELACE GARDENS |
| 5 Oct 2023 | £450,226 | £440,000 | 36 LOVELACE GARDENS |
| 29 Jun 2023 | £221,438 | £217,000 | 56 LOVELACE GARDENS |
| 28 Apr 2023 | £142,668 | £140,000 | 56A LOVELACE GARDENS |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 20 Mar 2017. Using an estimated price of £221,438 means this house is valued at £3,571 per sq meter (£331 per sq foot).
The average size of a house on LOVELACE GARDENS is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lovelace Gardens |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Surbiton Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Surbiton Road |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Surbiton Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Surbiton Road |