£298,996
This estimated value is based upon the latest sale price for the house of £242,000 on 1 Nov 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £242,000 | 1 Nov 2019 |
| Semi-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 November 2019 the House Price Index for SOUTHEND-ON-SEA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £242,000 results in an estimated price of approximately £298,996.
| 1 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £242,000 | £56,996 | £298,996 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 21.401 % | £51,789 | £293,789 |
| 3 Month Average | 9.372 % | £22,680 | £264,680 |
| 6 Month Average | 11.803 % | £28,562 | £270,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £330,000 | £330,000 | 562 PRINCE AVENUE |
| 24 Apr 2024 | £489,249 | £485,000 | 54 BRENDON WAY |
| 3 Nov 2023 | £389,897 | £380,000 | 45 BRENDON WAY |
| 4 Oct 2023 | £327,437 | £320,000 | 64 BRENDON WAY |
| 17 Mar 2023 | £488,152 | £480,000 | 64 SNAKES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Under investigation | On or near Bideford Close |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Brendon Way |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Brendon Way |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Brendon Way |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charles Close |