£163,800
This estimated value is based upon the latest sale price for the house of £124,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £124,000 | 16 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2016 the House Price Index for SOUTHEND-ON-SEA was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £124,000 results in an estimated price of approximately £163,800.
| 16 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £124,000 | £39,800 | £163,800 |
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 | -8.022 % | £-9,947 | £114,052 |
| 3 Month Average | 30.345 % | £37,628 | £161,628 |
| 6 Month Average | 38.330 % | £47,529 | £171,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £283,718 | £275,000 | FLAT 2 HUDSON HOUSE, 2 ALBANY COURT |
| 17 Nov 2023 | £129,282 | £126,000 | FLAT 5 PARK HOUSE, 1 ALBANY COURT |
| 17 Mar 2023 | £284,755 | £280,000 | FLAT 16 MADISON HOUSE, 3 ALBANY COURT |
| 31 Oct 2022 | £274,085 | £275,000 | FLAT 2 LEXINGTON HOUSE, 92 NELSON ROAD |
| 28 Sep 2022 | £217,854 | £218,000 | FLAT 12 HUDSON HOUSE, 2 ALBANY COURT |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 24 Oct 2016. Using an estimated price of £163,801 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on NELSON ROAD is 89 sq meters (960 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Manchester Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shanklin Drive |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Southborough Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Martyns Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Cavendish Gardens |