£239,882
This estimated value is based upon the latest sale price for the house of £145,000 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Shannon Close
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| Price Paid | Date |
|---|---|
| £145,000 | 31 Jan 2007 |
| £112,000 | 20 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 January 2007 the House Price Index for SOUTHEND-ON-SEA was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £145,000 results in an estimated price of approximately £239,882.
| 31 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £145,000 | £94,882 | £239,882 |
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 | 96.478 % | £139,893 | £284,893 |
| 3 Month Average | 93.194 % | £135,130 | £280,130 |
| 6 Month Average | 86.049 % | £124,771 | £269,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £364,246 | £355,000 | 24 THORNHILL |
| 27 Oct 2023 | £332,553 | £325,000 | 311 ELMSLEIGH DRIVE |
| 4 Oct 2023 | £378,599 | £370,000 | 18 THORNHILL |
| 2 Oct 2023 | £214,880 | £210,000 | FLAT 9 BRAYFIELD COURT, 126 - 128 EASTWOOD ROAD NORTH |
| 11 Aug 2023 | £381,888 | £375,000 | 12 THORNHILL |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Jul 2014. Using an estimated price of £239,883 means this house is valued at £3,634 per sq meter (£337 per sq foot).
The average size of a house on ELMSLEIGH DRIVE is 93 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Shannon Close |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shannon Close |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shannon Close |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Croft Close |
| Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Croft Close |