£504,425
This estimated value is based upon the latest sale price for the house of £430,000 on 13 Oct 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £430,000 | 13 Oct 2020 |
| £340,000 | 29 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 October 2020 the House Price Index for SOUTHEND-ON-SEA was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £430,000 results in an estimated price of approximately £504,425.
| 13 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £430,000 | £74,425 | £504,425 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 23.553 % | £101,278 | £531,278 |
| 3 Month Average | -19.695 % | £-84,689 | £345,310 |
| 6 Month Average | -17.473 % | £-75,134 | £354,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £481,480 | £475,000 | 110 RUTLAND AVENUE |
| 1 Jun 2023 | £490,947 | £485,000 | 298 WOODGRANGE DRIVE |
| 5 Sep 2022 | £481,115 | £485,000 | 64 HUNTINGDON ROAD |
| 2 Sep 2022 | £515,834 | £520,000 | 321 WOODGRANGE DRIVE |
| 8 Jul 2022 | £493,829 | £492,500 | 62 RUTLAND AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 22 Jun 2020. Using an estimated price of £504,426 means this house is valued at £5,044 per sq meter (£468 per sq foot).
The average size of a house on RUTLAND AVENUE is 111 sq meters (1,197 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way | |
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way | |
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lifstan Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Close |