£253,254
This estimated value is based upon the latest sale price for the house of £54,000 on 25 Sep 1998. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£54,000 | 25 Sep 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 1998 the House Price Index for SOUTHEND-ON-SEA was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £54,000 results in an estimated price of approximately £253,254.
25 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.9 | 149.7 | 368.991 % | £54,000 | £199,254 | £253,254 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 501.466 % | £270,791 | £324,791 |
3 Month Average | 407.549 % | £220,076 | £274,076 |
6 Month Average | 462.376 % | £249,683 | £303,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £856,748 | £835,000 | 73 MOUNT AVENUE |
4 Sep 2023 | £746,455 | £730,000 | 4 CLIFF ROAD |
29 Aug 2023 | £1,145,663 | £1,125,000 | 104 HILLSIDE CRESCENT |
20 Mar 2023 | £939,439 | £923,750 | 65 MOUNT AVENUE |
22 Aug 2022 | £884,134 | £880,000 | 62 MOUNT AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 Jun 2019. Using an estimated price of £253,255 means this house is valued at £3,896 per sq meter (£361 per sq foot).
The average size of a house on MOUNT AVENUE is 155 sq meters (1,677 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (699 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Robbery | Under investigation | On or near Beach Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Park Side |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Park Side |
Aug 2024 | Burglary | Under investigation | On or near Park Side |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Side |