£326,557
This estimated value is based upon the latest sale price for the house of £253,000 on 8 Jun 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £253,000 | 8 Jun 2017 |
| £182,000 | 23 Mar 2012 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 903 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 June 2017 the House Price Index for SOUTHEND-ON-SEA was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £253,000 results in an estimated price of approximately £326,557.
| 8 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £253,000 | £73,557 | £326,557 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 40.734 % | £103,057 | £356,057 |
| 3 Month Average | 16.776 % | £42,442 | £295,442 |
| 6 Month Average | 22.436 % | £56,764 | £309,764 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £320,000 | £320,000 | 6 CANTERBURY AVENUE |
| 5 Oct 2023 | £332,553 | £325,000 | 82 CANTERBURY AVENUE |
| 28 Apr 2023 | £280,242 | £275,000 | 2 ARCHER CLOSE |
| 31 Mar 2023 | £315,265 | £310,000 | 27 CANTERBURY AVENUE |
| 3 Feb 2023 | £133,894 | £133,000 | 31 ARCHER AVENUE |
This house has a floor area of 83 sq meters or 903 sq feet when measured on 13 Feb 2012. Using an estimated price of £326,557 means this house is valued at £3,888 per sq meter (£361 per sq foot).
The average size of a house on ARCHER AVENUE is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Lincoln Close | |
| Aug 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Lincoln Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lincoln Close |