£333,340
This estimated value is based upon the latest sale price for the house of £330,000 on 15 Jul 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 | 15 Jul 2022 |
| £232,000 | 9 Sep 2021 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 July 2022 the House Price Index for SOUTHEND-ON-SEA was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £330,000 results in an estimated price of approximately £333,340.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £330,000 | £3,340 | £333,340 |
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 | -0.258 % | £-852 | £329,147 |
| 3 Month Average | -10.327 % | £-34,079 | £295,920 |
| 6 Month Average | -1.775 % | £-5,858 | £324,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Oct 2023 | £363,250 | £355,000 | 10 PARK STREET |
| 20 Oct 2023 | £341,938 | £334,172 | 58 PARK STREET |
| 15 Jul 2022 | £333,340 | £330,000 | 67 PARK STREET |
| 14 Jul 2022 | £156,569 | £155,000 | 69A PARK STREET |
| 21 Apr 2022 | £264,543 | £255,000 | 21 PARK STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Jun 2021. Using an estimated price of £333,340 means this house is valued at £5,208 per sq meter (£483 per sq foot).
The average size of a house on PARK STREET is 77 sq meters (832 sq feet).