£543,305
This estimated value is based upon the latest sale price for the house of £145,000 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £145,000 | 28 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 July 2000 the House Price Index for SOUTHEND-ON-SEA was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £145,000 results in an estimated price of approximately £543,305.
| 28 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £145,000 | £398,305 | £543,305 |
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 | 342.635 % | £496,820 | £641,820 |
| 3 Month Average | 328.051 % | £475,673 | £620,673 |
| 6 Month Average | 331.708 % | £480,976 | £625,976 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £336,500 | £336,500 | 41 NEIL ARMSTRONG WAY |
| 1 Dec 2023 | £500,376 | £485,000 | 56 COLLINS WAY |
| 28 Sep 2023 | £416,174 | £407,000 | 85 NEIL ARMSTRONG WAY |
| 5 Jun 2023 | £418,384 | £410,000 | 53 NEIL ARMSTRONG WAY |
| 25 Nov 2022 | £423,022 | £425,000 | 8 SHEPARD CLOSE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Dec 2014. Using an estimated price of £543,306 means this house is valued at £4,850 per sq meter (£450 per sq foot).
The average size of a house on NEIL ARMSTRONG WAY is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mcdivitt Walk |
| Sep 2024 | Robbery | Unable to prosecute suspect | On or near Neil Armstrong Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Collins Way |
| Sep 2024 | Vehicle crime | Unable to prosecute suspect | On or near Mayflower Close |
| Aug 2024 | Other theft | Under investigation | On or near Mayflower Close |