£426,486
This estimated value is based upon the latest sale price for the house of £184,000 on 4 Aug 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £184,000 | 4 Aug 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2003 the House Price Index for SOUTHEND-ON-SEA was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £184,000 results in an estimated price of approximately £426,486.
| 4 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £184,000 | £242,486 | £426,486 |
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 | 143.526 % | £264,087 | £448,087 |
| 3 Month Average | 147.732 % | £271,826 | £455,826 |
| 6 Month Average | 143.659 % | £264,331 | £448,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £204,508 | £200,000 | 71A EASTWOOD LANE SOUTH |
| 25 Aug 2023 | £560,102 | £550,000 | 21 EASTWOOD LANE SOUTH |
| 11 Aug 2023 | £481,484 | £472,800 | 8 MARTYNS GROVE |
| 1 Aug 2023 | £285,143 | £280,000 | 21 MARTYNS GROVE |
| 3 Mar 2023 | £579,681 | £570,000 | 6 SHANKLIN DRIVE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 30 Aug 2013. Using an estimated price of £426,486 means this house is valued at £4,902 per sq meter (£455 per sq foot).
The average size of a house on MARTYNS GROVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shanklin Drive |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavendish Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Lane South |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Lane South |