£1,109,457
This estimated value is based upon the latest sale price for the house of £1,085,000 on 18 Sep 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Leasway
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| Price Paid | Date |
|---|---|
| £1,085,000 | 18 Sep 2023 |
| £685,000 | 27 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 September 2023 the House Price Index for SOUTHEND-ON-SEA was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £1,085,000 results in an estimated price of approximately £1,109,457.
| 18 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £1,085,000 | £24,457 | £1,109,457 |
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 | -9.268 % | £-100,553 | £984,446 |
| 3 Month Average | -7.055 % | £-76,544 | £1,008,455 |
| 6 Month Average | 0.083 % | £898 | £1,085,898 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £1,040,000 | £1,040,000 | 33 HALL PARK AVENUE |
| 18 Sep 2023 | £1,109,457 | £1,085,000 | 8 MEADWAY |
| 1 Jun 2023 | £775,542 | £760,000 | 7 MEADWAY |
| 12 Apr 2023 | £891,678 | £875,000 | 40 LEASWAY |
| 12 Aug 2022 | £1,205,638 | £1,200,000 | 7 HALL PARK AVENUE |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 31 Jul 2017. Using an estimated price of £1,109,457 means this house is valued at £7,396 per sq meter (£687 per sq foot).
The average size of a house on MEADWAY is 173 sq meters (1,862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Leasway |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Leasway |
| Jul 2024 | Anti-social behaviour | On or near The Drive | |
| Jul 2024 | Anti-social behaviour | On or near The Drive | |
| Jul 2024 | Anti-social behaviour | On or near The Drive |