£584,582
This estimated value is based upon the latest sale price for the house of £245,000 on 2 May 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £245,000 | 2 May 2003 |
| Detached |
| 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 May 2003 the House Price Index for SOUTHEND-ON-SEA was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £245,000 results in an estimated price of approximately £584,582.
| 2 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £245,000 | £339,582 | £584,582 |
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 | 77.775 % | £190,549 | £435,549 |
| 3 Month Average | 123.624 % | £302,878 | £547,878 |
| 6 Month Average | 146.362 % | £358,586 | £603,586 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £362,194 | £353,000 | 36 CAVERSHAM AVENUE |
| 1 Sep 2023 | £357,889 | £350,000 | 2 CAVERSHAM AVENUE |
| 16 Aug 2023 | £509,184 | £500,000 | 4 BARRINGTON CLOSE |
| 20 Jan 2023 | £288,772 | £288,000 | 9 BRAY COURT |
| 18 Mar 2022 | £279,774 | £268,000 | 8 MONTGOMERY COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Barrington Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Caversham Avenue |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Collingwood Way |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Collingwood Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sunbury Court |