£399,802
This estimated value is based upon the latest sale price for the house of £185,995 on 15 Dec 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 |
|---|---|
| £185,995 | 15 Dec 2003 |
| £67,000 | 28 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 December 2003 the House Price Index for SOUTHEND-ON-SEA was 68.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 114.953%.Applying this 114.953% change to the original purchase price of £185,995 results in an estimated price of approximately £399,802.
| 15 Dec 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 146.7 | 114.953 % | £185,995 | £213,807 | £399,802 |
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 | 127.489 % | £237,122 | £423,117 |
| 3 Month Average | 111.064 % | £206,573 | £392,568 |
| 6 Month Average | 131.734 % | £245,018 | £431,013 |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Oct 2014.
The average size of a house on NEIL ARMSTRONG WAY is 114 sq meters (1,236 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Mcdivitt Walk |
| Mar 2024 | Drugs | Under investigation | On or near Lundy Close |