£307,786
This estimated value is based upon the latest sale price for the house of £233,000 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £233,000 | 21 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 36 sq meters or 387 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 2016 the House Price Index for SOUTHEND-ON-SEA was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £233,000 results in an estimated price of approximately £307,786.
| 21 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £233,000 | £74,786 | £307,786 |
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 | 11.620 % | £27,074 | £260,074 |
| 3 Month Average | 29.202 % | £68,041 | £301,041 |
| 6 Month Average | 32.281 % | £75,213 | £308,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 May 2024 | £250,000 | £250,000 | FLAT 6 SOUTHSIDE, 260 - 280 LEIGH ROAD |
| 8 Sep 2023 | £728,049 | £712,000 | 66 LEIGHAM COURT DRIVE |
| 28 Mar 2023 | £315,265 | £310,000 | FLAT 1 VICTOR LODGE, 10 VICTOR DRIVE |
| 23 Feb 2023 | £349,334 | £347,000 | FLAT 3 VICTOR LODGE, 10 VICTOR DRIVE |
| 6 Feb 2023 | £276,849 | £275,000 | 27 VICTOR DRIVE |
This house has a floor area of 36 sq meters or 387 sq feet when measured on 29 Sep 2015. Using an estimated price of £307,787 means this house is valued at £8,549 per sq meter (£794 per sq foot).
The average size of a house on BROADWAY is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Maple Avenue |
| Oct 2024 | Other theft | Under investigation | On or near Maple Avenue |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Maple Avenue |
| Aug 2024 | Possession of weapons | Awaiting court outcome | On or near Maple Avenue |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Maple Avenue |