£527,858
This estimated value is based upon the latest sale price for the house of £285,000 on 1 Jul 2005. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £285,000 | 1 Jul 2005 |
| £122,000 | 18 Feb 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 889 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 July 2005 the House Price Index for SOUTHEND-ON-SEA was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £285,000 results in an estimated price of approximately £527,858.
| 1 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £285,000 | £242,858 | £527,858 |
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 | 56.460 % | £160,912 | £445,912 |
| 3 Month Average | 106.580 % | £303,752 | £588,752 |
| 6 Month Average | 111.264 % | £317,103 | £602,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £319,915 | £315,000 | FLAT 7 GRAND LODGE, 40 GRAND DRIVE |
| 1 Sep 2023 | £363,002 | £355,000 | FLAT 13 GRAND LODGE, 40 GRAND DRIVE |
| 23 Jun 2023 | £459,202 | £450,000 | 58B LEIGH CLIFF ROAD |
| 1 Jun 2023 | £357,157 | £350,000 | 26 GRAND DRIVE |
| 31 Aug 2022 | £914,275 | £910,000 | 78 LEIGH CLIFF ROAD |
This house has a floor area of 82 sq meters or 889 sq feet when measured on 18 Feb 2012. Using an estimated price of £527,859 means this house is valued at £6,385 per sq meter (£593 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road |