£22,613
This estimated value is based upon the latest sale price for the house of £17,674 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £17,674 | 25 Aug 2017 |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2017 the House Price Index for SOUTHEND-ON-SEA was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £17,674 results in an estimated price of approximately £22,613.
| 25 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £17,674 | £4,939 | £22,613 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 46.708 % | £8,255 | £25,929 |
| 3 Month Average | 22.190 % | £3,921 | £21,595 |
| 6 Month Average | 25.413 % | £4,491 | £22,165 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £18,469 | £18,000 | GARAGES AT, 67 VICTORIA ROAD |
| 21 Apr 2023 | £343,994 | £337,560 | 12 NORTHUMBERLAND AVENUE |
| 25 Nov 2022 | £323,487 | £325,000 | 6 MANILLA ROAD |
| 9 Sep 2022 | £349,766 | £350,000 | 1 NORTHUMBERLAND AVENUE |
| 6 May 2022 | £261,821 | £255,000 | 51 VICTORIA ROAD |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 26 Oct 2015. Using an estimated price of £22,614 means this house is valued at £370 per sq meter (£34 per sq foot).
The average size of a house on VICTORIA ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |