£345,545
This estimated value is based upon the latest sale price for the house of £199,000 on 21 Dec 2011. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£199,000 | 21 Dec 2011 |
£217,500 | 19 Feb 2007 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 991 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 December 2011 the House Price Index for SOUTHEND-ON-SEA was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £199,000 results in an estimated price of approximately £345,545.
21 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £199,000 | £146,545 | £345,545 |
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 | 78.591 % | £156,396 | £355,396 |
3 Month Average | 72.076 % | £143,431 | £342,431 |
6 Month Average | 70.713 % | £140,718 | £339,718 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Oct 2023 | £199,020 | £194,500 | 92 RAYLEIGH ROAD |
17 Feb 2023 | £364,938 | £362,500 | 99 RAYLEIGH ROAD |
24 Jun 2022 | £649,892 | £636,000 | 13A RAYLEIGH ROAD |
20 Dec 2021 | £350,775 | £325,000 | 101 RAYLEIGH ROAD |
29 Sep 2021 | £336,526 | £310,000 | 54 BROOMFIELD AVENUE |
This house has a floor area of 92 sq meters or 991 sq feet when measured on 11 Jul 2011. Using an estimated price of £345,545 means this house is valued at £3,751 per sq meter (£348 per sq foot).
The average size of a house on RAYLEIGH ROAD is 89 sq meters (959 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Aug 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
Aug 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Anti-social behaviour | On or near Parking Area | |
Aug 2024 | Anti-social behaviour | On or near Parking Area |