£562,054
This estimated value is based upon the latest sale price for the house of £420,000 on 2 Sep 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £420,000 | 2 Sep 2016 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 September 2016 the House Price Index for SOUTHEND-ON-SEA was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £420,000 results in an estimated price of approximately £562,054.
| 2 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £420,000 | £142,054 | £562,054 |
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 | 14.791 % | £62,121 | £482,121 |
| 3 Month Average | 44.166 % | £185,497 | £605,497 |
| 6 Month Average | 29.841 % | £125,331 | £545,331 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £234,196 | £227,000 | 39 AVENUE TERRACE |
| 15 Dec 2023 | £237,291 | £230,000 | 1A AVENUE TERRACE |
| 24 Aug 2023 | £134,934 | £132,500 | FIRST FLOOR FLAT 18 ALBERT ROAD |
| 26 Jan 2022 | £636,119 | £600,000 | 49 MILTON ROAD |
| 2 Nov 2020 | £21,899 | £18,750 | 33 AVENUE ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 7 Jan 2016. Using an estimated price of £562,054 means this house is valued at £4,257 per sq meter (£395 per sq foot).
The average size of a house on MILTON GATE MEWS is 145 sq meters (1,567 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Milton Gate Mews |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milton Gate Mews |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milton Gate Mews |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Gate Mews |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Gate Mews |