£165,219
This estimated value is based upon the latest sale price for the house of £118,500 on 14 Dec 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £118,500 | 14 Dec 2015 |
| £125,000 | 17 Sep 2004 |
| £82,000 | 6 Feb 2004 |
| £82,000 | 6 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
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 December 2015 the House Price Index for SOUTHEND-ON-SEA was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £118,500 results in an estimated price of approximately £165,219.
| 14 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £118,500 | £46,719 | £165,219 |
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 | 56.724 % | £67,218 | £185,718 |
| 3 Month Average | 55.003 % | £65,178 | £183,678 |
| 6 Month Average | 45.395 % | £53,792 | £172,292 |
| 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 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Road |
| Aug 2024 | Anti-social behaviour | On or near Victoria Road | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Victoria Road |
| Jul 2024 | Other theft | Under investigation | On or near Victoria Road |