£247,469
This estimated value is based upon the latest sale price for the house of £161,000 on 20 Jun 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£161,000 | 20 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 June 2014 the House Price Index for SOUTHEND-ON-SEA was 96.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 53.707%.Applying this 53.707% change to the original purchase price of £161,000 results in an estimated price of approximately £247,469.
20 Jun 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.6 | 53.707 % | £161,000 | £86,469 | £247,469 |
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 | 73.920 % | £119,010 | £280,010 |
3 Month Average | 51.183 % | £82,405 | £243,405 |
6 Month Average | 71.644 % | £115,346 | £276,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £666,277 | £660,000 | 7 LYMINGTON AVENUE |
12 Jul 2022 | £230,621 | £230,000 | 26A LYMINGTON AVENUE |
12 Jul 2022 | £280,756 | £280,000 | 26 LYMINGTON AVENUE |
24 May 2022 | £366,914 | £360,000 | 47A BROADWAY WEST |
20 May 2022 | £249,705 | £245,000 | 117A BROADWAY WEST |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 22 Oct 2019. Using an estimated price of £247,469 means this house is valued at £4,669 per sq meter (£433 per sq foot).
The average size of a house on RECTORY GROVE is 87 sq meters (941 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
Feb 2024 | Anti-social behaviour | On or near Parking Area | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |