£271,840
This estimated value is based upon the latest sale price for the house of £122,000 on 7 Nov 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £122,000 | 7 Nov 2003 |
| £122,000 | 7 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
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 November 2003 the House Price Index for SOUTHEND-ON-SEA was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £122,000 results in an estimated price of approximately £271,840.
| 7 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £122,000 | £149,840 | £271,840 |
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 | 130.830 % | £159,612 | £281,612 |
| 3 Month Average | 126.797 % | £154,691 | £276,691 |
| 6 Month Average | 126.138 % | £153,888 | £275,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £582,912 | £565,000 | 16 PERCY ROAD |
| 31 Oct 2023 | £482,969 | £472,000 | 1222 LONDON ROAD |
| 26 Oct 2023 | £239,438 | £234,000 | 3 BURSLAND COURT, 75 WESTLEIGH AVENUE |
| 1 Sep 2023 | £426,400 | £417,000 | 1214 LONDON ROAD |
| 17 Aug 2023 | £248,482 | £244,000 | FLAT 5 1369 LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near A13 |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near A13 |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Percy Road |