£345,734
This estimated value is based upon the latest sale price for the house of £84,000 on 12 Nov 1999. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Richmond Avenue
More crime details
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Price Paid | Date |
---|---|
£84,000 | 12 Nov 1999 |
Terraced |
Freehold |
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 November 1999 the House Price Index for SOUTHEND-ON-SEA was 36.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 311.588%.Applying this 311.588% change to the original purchase price of £84,000 results in an estimated price of approximately £345,734.
12 Nov 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 149.7 | 311.588 % | £84,000 | £261,734 | £345,734 |
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 | 270.187 % | £226,957 | £310,957 |
3 Month Average | 368.423 % | £309,475 | £393,475 |
6 Month Average | 370.312 % | £311,062 | £395,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £443,854 | £440,000 | 46 THORPEDENE GARDENS |
4 Mar 2024 | £335,149 | £330,000 | 80 TUDOR GARDENS |
19 Dec 2023 | £438,473 | £425,000 | 49 THORPEDENE GARDENS |
1 Sep 2023 | £252,568 | £247,000 | 89 TUDOR GARDENS |
1 Jun 2023 | £214,294 | £210,000 | 87 TUDOR GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Avenue |
May 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Avenue |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Stroma Gardens |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stroma Gardens |