£349,865
This estimated value is based upon the latest sale price for the house of £330,000 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 |
|---|---|
| £330,000 | 14 Jan 2022 |
| £51,000 | 10 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 £330,000 results in an estimated price of approximately £349,865.
| 14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £330,000 | £19,865 | £349,865 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 2.549 % | £8,412 | £338,412 |
| 3 Month Average | -2.628 % | £-8,672 | £321,327 |
| 6 Month Average | 5.929 % | £19,564 | £349,564 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £365,617 | £360,000 | 75 INVERNESS AVENUE |
| 3 Nov 2023 | £323,204 | £315,000 | 112 GLENWOOD AVENUE |
| 13 Apr 2023 | £351,576 | £345,000 | 60 GLENWOOD AVENUE |
| 6 Mar 2023 | £211,533 | £208,000 | 158 GLENWOOD AVENUE |
| 24 Feb 2023 | £392,623 | £390,000 | 82 GLENWOOD AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 5 Aug 2013. Using an estimated price of £349,865 means this house is valued at £3,364 per sq meter (£312 per sq foot).
The average size of a house on GLENWOOD AVENUE is 90 sq meters (969 sq feet).