£107,167
This estimated value is based upon the latest sale price for the house of £62,000 on 12 Aug 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 |
|---|---|
| £62,000 | 12 Aug 2011 |
| £36,000 | 25 May 2001 |
| £25,500 | 24 Jan 2001 |
| 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 August 2011 the House Price Index for SOUTHEND-ON-SEA was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £62,000 results in an estimated price of approximately £107,167.
| 12 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £62,000 | £45,167 | £107,167 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 56.622 % | £35,105 | £97,105 |
| 3 Month Average | 64.956 % | £40,272 | £102,272 |
| 6 Month Average | 81.241 % | £50,369 | £112,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £278,372 | £275,000 | 23 COLNE DRIVE |
| 1 Jun 2023 | £245,473 | £242,500 | 54 MIDSUMMER MEADOW |
| 16 Feb 2023 | £229,845 | £230,000 | 48 WOODCOTES |
| 28 Jul 2022 | £290,783 | £290,000 | 19 COLNE DRIVE |
| 15 Jun 2022 | £131,863 | £130,000 | 94 FROBISHER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Frobisher Way |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Frobisher Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Frobisher Way |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Frobisher Way |
| Apr 2024 | Possession of weapons | Under investigation | On or near Midsummer Meadow |