£398,645
This estimated value is based upon the latest sale price for the house of £70,000 on 24 Jul 1995. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £70,000 | 24 Jul 1995 |
| 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 July 1995 the House Price Index for SOUTHEND-ON-SEA was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 469.494%.Applying this 469.494% change to the original purchase price of £70,000 results in an estimated price of approximately £398,645.
| 24 Jul 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 469.494 % | £70,000 | £328,645 | £398,645 |
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 | 451.118 % | £315,782 | £385,782 |
| 3 Month Average | 562.276 % | £393,593 | £463,593 |
| 6 Month Average | 593.647 % | £415,553 | £485,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £1,124,795 | £1,100,000 | 72 UNDERCLIFF GARDENS |
| 29 Aug 2023 | £835,061 | £820,000 | 2 WOODFIELD GARDENS |
| 3 Apr 2023 | £444,310 | £436,000 | FLAT 8 REGATTA COURT, 76 UNDERCLIFF GARDENS |
| 15 Feb 2022 | £538,793 | £510,000 | 68A SOMERVILLE GARDENS |
| 3 Sep 2021 | £977,012 | £900,000 | 1 WOODFIELD GARDENS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Apr 2013. Using an estimated price of £398,646 means this house is valued at £6,133 per sq meter (£569 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Grand Parade | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Parade |
| Jun 2024 | Anti-social behaviour | On or near Grand Parade | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Grand Parade |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Gardens |