£142,213
This estimated value is based upon the latest sale price for the house of £123,000 on 23 Dec 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£123,000 | 23 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 540 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 December 2020 the House Price Index for SOUTHEND-ON-SEA was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £123,000 results in an estimated price of approximately £142,213.
23 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £123,000 | £19,213 | £142,213 |
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 | 41.943 % | £51,589 | £174,589 |
3 Month Average | 21.541 % | £26,495 | £149,495 |
6 Month Average | 16.884 % | £20,767 | £143,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £229,601 | £225,000 | 8 AVEBURY ROAD |
25 Apr 2023 | £254,765 | £250,000 | 212 WEST ROAD |
17 Jan 2023 | £285,764 | £285,000 | 97 SALISBURY AVENUE |
21 Oct 2022 | £297,008 | £298,000 | 5 AVEBURY ROAD |
18 Feb 2022 | £237,703 | £225,000 | 14B AVEBURY ROAD |
This house has a floor area of 50 sq meters or 540 sq feet when measured on 18 Jun 2011. Using an estimated price of £142,214 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on WEST ROAD is 82 sq meters (885 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Avebury Road | |
Aug 2024 | Drugs | Under investigation | On or near Avebury Road |
Aug 2024 | Anti-social behaviour | On or near Avebury Road | |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Avebury Road |
Aug 2024 | Anti-social behaviour | On or near Avebury Road |