£254,738
This estimated value is based upon the latest sale price for the house of £152,500 on 19 Apr 2013. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £152,500 | 19 Apr 2013 |
| £146,500 | 11 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 April 2013 the House Price Index for SOUTHEND-ON-SEA was 88.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 67.042%.Applying this 67.042% change to the original purchase price of £152,500 results in an estimated price of approximately £254,738.
| 19 Apr 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.6 | 148.0 | 67.042 % | £152,500 | £102,238 | £254,738 |
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 | 58.611 % | £89,382 | £241,882 |
| 3 Month Average | 79.192 % | £120,767 | £273,267 |
| 6 Month Average | 71.172 % | £108,537 | £261,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £305,785 | £300,000 | 55 SUFFOLK AVENUE |
| 3 Aug 2023 | £321,958 | £320,000 | 198 BLENHEIM CHASE |
| 3 Jul 2023 | £197,872 | £196,000 | 51 SUFFOLK AVENUE |
| 20 Jan 2023 | £247,823 | £250,000 | 61 SUFFOLK AVENUE |
| 14 Mar 2022 | £330,265 | £320,000 | 55 SURREY AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Sep 2012. Using an estimated price of £254,739 means this house is valued at £4,631 per sq meter (£430 per sq foot).
The average size of a house on SUFFOLK AVENUE is 54 sq meters (589 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Suffolk Avenue |