£400,406
This estimated value is based upon the latest sale price for the house of £330,000 on 5 Mar 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £330,000 | 5 Mar 2020 |
| £135,000 | 10 Dec 2010 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 March 2020 the House Price Index for SOUTHEND-ON-SEA was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £330,000 results in an estimated price of approximately £400,406.
| 5 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £330,000 | £70,406 | £400,406 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | -0.229 % | £-756 | £329,243 |
| 3 Month Average | 13.119 % | £43,292 | £373,292 |
| 6 Month Average | 23.233 % | £76,669 | £406,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £340,000 | £340,000 | 60 NORWICH AVENUE |
| 27 Mar 2023 | £277,128 | £272,500 | 81 WESTBURY ROAD |
| 9 Jan 2023 | £370,991 | £370,000 | 169 WESTBURY ROAD |
| 15 Jul 2022 | £444,453 | £440,000 | 163 WESTBURY ROAD |
| 20 Jun 2022 | £252,054 | £246,666 | 136 WESTBURY ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 17 Feb 2010. Using an estimated price of £400,406 means this house is valued at £5,557 per sq meter (£516 per sq foot).
The average size of a house on WESTBURY ROAD is 85 sq meters (915 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Selwyn Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Selwyn Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Selwyn Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Selwyn Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Westbury Road |