£130,706
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Mar 2023. 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 Palmeira Avenue
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| Price Paid | Date |
|---|---|
| £130,000 | 7 Mar 2023 |
| £116,500 | 13 Feb 2015 |
| £77,000 | 20 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 March 2023 the House Price Index for SOUTHEND-ON-SEA was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £130,000 results in an estimated price of approximately £130,706.
| 7 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £130,000 | £706 | £130,706 |
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 | -7.632 % | £-9,921 | £120,078 |
| 3 Month Average | -7.051 % | £-9,166 | £120,833 |
| 6 Month Average | -5.279 % | £-6,862 | £123,137 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £257,435 | £255,000 | FLAT 210 HOMECOVE HOUSE HOLLAND ROAD |
| 31 Mar 2023 | £180,978 | £180,000 | FLAT 211 HOMECOVE HOUSE HOLLAND ROAD |
| 7 Mar 2023 | £131,236 | £130,000 | FLAT 104 HOMECOVE HOUSE HOLLAND ROAD |
| 26 Oct 2022 | £137,949 | £140,000 | FLAT 603 HOMECOVE HOUSE HOLLAND ROAD |
| 28 Sep 2022 | £173,598 | £175,000 | FLAT 512 HOMECOVE HOUSE HOLLAND ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 27 Jan 2013. Using an estimated price of £131,236 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on HOLLAND ROAD is 54 sq meters (585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Palmeira Avenue |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Palmeira Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palmeira Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Palmeira Avenue |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palmeira Avenue |