£459,494
This estimated value is based upon the latest sale price for the house of £430,000 on 25 Jun 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £430,000 | 25 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2021 the House Price Index for SOUTHEND-ON-SEA was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £430,000 results in an estimated price of approximately £459,494.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £430,000 | £29,494 | £459,494 |
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 | -19.383 % | £-83,347 | £346,652 |
| 3 Month Average | -2.273 % | £-9,774 | £420,225 |
| 6 Month Average | -6.557 % | £-28,194 | £401,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £473,967 | £465,000 | 8 THE SPINNEYS |
| 6 Dec 2023 | £295,592 | £290,000 | 91 FAIRFIELD ROAD |
| 13 Nov 2023 | £455,852 | £450,000 | 16 THE SPINNEYS |
| 29 Jun 2023 | £529,292 | £525,000 | 25 PADDOCK CLOSE |
| 3 Apr 2023 | £503,744 | £500,000 | 10 KENDAL WAY |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 29 Jul 2019. Using an estimated price of £459,495 means this house is valued at £3,618 per sq meter (£336 per sq foot).
The average size of a house on PADDOCK CLOSE is 130 sq meters (1,403 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kendal Way |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Green Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Green Lane |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Eastwood Park Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Gardens |