£310,985
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Jun 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £250,000 | 1 Jun 2018 |
| £196,000 | 5 Feb 2016 |
| £75,000 | 17 May 2000 |
| £52,500 | 24 Jun 1996 |
| 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 June 2018 the House Price Index for SOUTHEND-ON-SEA was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £250,000 results in an estimated price of approximately £310,985.
| 1 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £250,000 | £60,985 | £310,985 |
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 | 10.237 % | £25,593 | £275,593 |
| 3 Month Average | 9.490 % | £23,724 | £273,724 |
| 6 Month Average | 25.552 % | £63,880 | £313,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £503,815 | £495,000 | FLAT 4 1373 LONDON ROAD |
| 17 Nov 2023 | £464,375 | £457,500 | 31A FLEMMING AVENUE |
| 5 Sep 2023 | £276,029 | £272,500 | FLAT 2 GARWOOD COURT, 70 EASTWOOD ROAD |
| 4 Apr 2023 | £677,293 | £670,000 | 19 BELFAIRS DRIVE |
| 22 Jun 2022 | £1,115,768 | £1,100,000 | 7 EASTWOOD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Belfairs Drive |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Belfairs Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Belfairs Drive |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Belfairs Drive |
| Jan 2024 | Anti-social behaviour | On or near Belfairs Drive |