£217,415
This estimated value is based upon the latest sale price for the house of £46,500 on 30 Jun 1998. 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 Laurel Close
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| Price Paid | Date |
|---|---|
| £46,500 | 30 Jun 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 June 1998 the House Price Index for SOUTHEND-ON-SEA was 31.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 367.561%.Applying this 367.561% change to the original purchase price of £46,500 results in an estimated price of approximately £217,415.
| 30 Jun 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.7 | 148.0 | 367.561 % | £46,500 | £170,915 | £217,415 |
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 | 385.789 % | £179,391 | £225,891 |
| 3 Month Average | 490.544 % | £228,103 | £274,603 |
| 6 Month Average | 480.575 % | £223,467 | £269,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £347,066 | £340,500 | 8 NEW ROAD |
| 21 Aug 2023 | £321,958 | £320,000 | 27 NEW ROAD |
| 16 Jun 2023 | £453,678 | £450,000 | 27 HADLEIGH ROAD |
| 29 Apr 2022 | £369,231 | £360,000 | 10 NEW ROAD |
| 14 Feb 2022 | £334,227 | £320,000 | 25 LAUREL CLOSE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 23 Oct 2015. Using an estimated price of £217,416 means this house is valued at £3,344 per sq meter (£310 per sq foot).
The average size of a house on NEW ROAD is 67 sq meters (731 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Laurel Close | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Laurel Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Laurel Close |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close | |
| Jan 2024 | Anti-social behaviour | On or near Laurel Close |