£384,266
This estimated value is based upon the latest sale price for the house of £265,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £265,000 | 17 Jul 2015 |
| £190,000 | 16 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 July 2015 the House Price Index for SOUTHEND-ON-SEA was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £265,000 results in an estimated price of approximately £384,266.
| 17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £265,000 | £119,266 | £384,266 |
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 | -2.159 % | £-5,721 | £259,278 |
| 3 Month Average | 37.124 % | £98,377 | £363,377 |
| 6 Month Average | 43.182 % | £114,432 | £379,432 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £335,149 | £330,000 | 22 CHESTERFIELD CRESCENT |
| 14 Feb 2023 | £402,690 | £400,000 | 33 SOUTHERNHAY |
| 9 Sep 2022 | £410,226 | £410,500 | 26 CHESTERFIELD CRESCENT |
| 21 Jul 2022 | £338,391 | £335,000 | 18 CHESTERFIELD CRESCENT |
| 15 Jun 2022 | £306,553 | £300,000 | 18 MANSELL CLOSE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 24 Oct 2015. Using an estimated price of £384,266 means this house is valued at £6,197 per sq meter (£575 per sq foot).
The average size of a house on PINEWOOD AVENUE is 79 sq meters (850 sq feet).