£607,918
This estimated value is based upon the latest sale price for the house of £560,000 on 21 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £560,000 | 21 Sep 2021 |
| £105,000 | 14 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £560,000 results in an estimated price of approximately £607,918.
| 21 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £560,000 | £47,918 | £607,918 |
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 | -15.885 % | £-88,957 | £471,042 |
| 3 Month Average | 8.024 % | £44,933 | £604,933 |
| 6 Month Average | 1.860 % | £10,417 | £570,417 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £541,644 | £525,000 | 22 ORSETT AVENUE |
| 5 Dec 2023 | £432,799 | £419,500 | 111 THE FAIRWAY |
| 30 Nov 2023 | £415,548 | £405,000 | 41 THE FAIRWAY |
| 6 Nov 2023 | £410,418 | £400,000 | 5 ORSETT AVENUE |
| 3 Aug 2023 | £478,633 | £470,000 | 9 THORNDON PARK CLOSE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 21 Aug 2019. Using an estimated price of £607,919 means this house is valued at £5,681 per sq meter (£527 per sq foot).
The average size of a house on WOODBERRY CLOSE is 150 sq meters (1,623 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodberry Close |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodberry Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Thorndon Park Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorndon Park Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Thorndon Park Drive |