£370,871
This estimated value is based upon the latest sale price for the house of £225,000 on 15 Oct 2013. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Rackenford
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| Price Paid | Date |
|---|---|
| £225,000 | 15 Oct 2013 |
| £225,000 | 11 Jul 2007 |
| £137,500 | 28 Aug 2002 |
| £88,000 | 21 Jul 1999 |
| Semi-Detached |
| Freehold |
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 October 2013 the House Price Index for SOUTHEND-ON-SEA was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £225,000 results in an estimated price of approximately £370,871.
| 15 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 149.7 | 64.832 % | £225,000 | £145,871 | £370,871 |
The Postcode Pricing Model uses changes in average sales price within the SS3 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 | 33.616 % | £75,635 | £300,635 |
| 3 Month Average | 68.289 % | £153,649 | £378,649 |
| 6 Month Average | 68.859 % | £154,933 | £379,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £363,154 | £360,000 | 77 AYLESBEARE |
| 3 Mar 2024 | £264,057 | £260,000 | 1 BRIDGE COTTAGES NORTH SHOEBURY ROAD |
| 24 Mar 2023 | £425,404 | £418,300 | 67 AYLESBEARE |
| 17 Feb 2023 | £468,127 | £465,000 | 16A TORRINGTON |
| 20 Jun 2022 | £470,048 | £460,000 | 103 AYLESBEARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Burglary | Under investigation | On or near Rackenford |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Watson Close |