£283,697
This estimated value is based upon the latest sale price for the house of £198,500 on 30 Sep 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 |
|---|---|
| £198,500 | 30 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2015 the House Price Index for SOUTHEND-ON-SEA was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £198,500 results in an estimated price of approximately £283,697.
| 30 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 149.7 | 42.921 % | £198,500 | £85,197 | £283,697 |
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 | 29.004 % | £57,573 | £256,073 |
| 3 Month Average | 36.779 % | £73,006 | £271,506 |
| 6 Month Average | 37.682 % | £74,798 | £273,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Oct 2024 | £342,500 | £342,500 | 70 WOOD FARM CLOSE |
| 26 Jul 2024 | £308,750 | £308,750 | 43 BELLHOUSE LANE |
| 17 May 2024 | £350,000 | £350,000 | 29 BELLHOUSE CRESCENT |
| 10 Nov 2023 | £318,074 | £310,000 | 75 BELLHOUSE LANE |
| 25 Sep 2023 | £357,889 | £350,000 | 34 BELLHOUSE LANE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 9 Apr 2015. Using an estimated price of £283,698 means this house is valued at £4,364 per sq meter (£405 per sq foot).
The average size of a house on BELLHOUSE LANE is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Investigation complete; no suspect identified | On or near Bellhouse Lane |
| Sep 2024 | Anti-social behaviour | On or near Woodcutters Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Woodcutters Avenue | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodcutters Avenue |
| Oct 2024 | Anti-social behaviour | On or near Bellhouse Crescent |