£376,584
This estimated value is based upon the latest sale price for the house of £310,000 on 17 Jan 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 |
|---|---|
| £310,000 | 17 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 January 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £310,000 results in an estimated price of approximately £376,584.
| 17 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £310,000 | £66,584 | £376,584 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -11.155 % | £-34,580 | £275,419 |
| 3 Month Average | 22.393 % | £69,419 | £379,419 |
| 6 Month Average | 14.197 % | £44,009 | £354,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £494,353 | £485,000 | 56 COLLINS WAY |
| 26 Jul 2023 | £545,157 | £540,000 | 3 MAYFLOWER CLOSE |
| 5 Jun 2023 | £413,352 | £410,000 | 53 NEIL ARMSTRONG WAY |
| 25 Nov 2022 | £418,218 | £425,000 | 8 SHEPARD CLOSE |
| 24 Jun 2022 | £469,761 | £465,000 | 25 SHEPARD CLOSE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Jun 2019. Using an estimated price of £376,585 means this house is valued at £3,728 per sq meter (£346 per sq foot).
The average size of a house on NEIL ARMSTRONG WAY is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mcdivitt Walk |
| Apr 2024 | Public order | Under investigation | On or near Mayflower Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shepard Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shepard Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shepard Close |