£114,308
This estimated value is based upon the latest sale price for the house of £90,000 on 30 Aug 2017. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £90,000 | 30 Aug 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 August 2017 the House Price Index for SOUTHEND-ON-SEA was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £90,000 results in an estimated price of approximately £114,308.
| 30 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £90,000 | £24,308 | £114,308 |
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 | 11.179 % | £10,061 | £100,061 |
| 3 Month Average | -2.977 % | £-2,678 | £87,321 |
| 6 Month Average | 11.945 % | £10,750 | £100,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £93,821 | £93,000 | FLAT 301 HOMECOVE HOUSE HOLLAND ROAD |
| 7 Jul 2023 | £121,637 | £120,000 | FLAT 420 HOMECOVE HOUSE HOLLAND ROAD |
| 3 Apr 2023 | £121,306 | £120,000 | FLAT 606 HOMECOVE HOUSE HOLLAND ROAD |
| 31 Mar 2023 | £181,712 | £180,000 | FLAT 211 HOMECOVE HOUSE HOLLAND ROAD |
| 24 Feb 2023 | £189,872 | £190,000 | FLAT 313 HOMECOVE HOUSE HOLLAND ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 16 Nov 2015. Using an estimated price of £114,308 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on HOLLAND ROAD is 54 sq meters (585 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | 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 |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Palmeira Avenue |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Palmeira Avenue |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Palmeira Avenue |