£14,013
This estimated value is based upon the latest sale price for the house of £10,000 on 29 Oct 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £10,000 | 29 Oct 2015 |
| £54,000 | 20 Feb 1998 |
| Terraced |
| Freehold |
| Floor Area: 47 sq meters or 505 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 October 2015 the House Price Index for SOUTHEND-ON-SEA was 105.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 40.131%.Applying this 40.131% change to the original purchase price of £10,000 results in an estimated price of approximately £14,013.
| 29 Oct 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.0 | 40.131 % | £10,000 | £4,013 | £14,013 |
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 | 11.386 % | £1,138 | £11,138 |
| 3 Month Average | 43.795 % | £4,379 | £14,379 |
| 6 Month Average | 39.384 % | £3,938 | £13,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £453,678 | £450,000 | 58B LEIGH CLIFF ROAD |
| 3 Apr 2023 | £439,265 | £436,000 | FLAT 8 REGATTA COURT, 76 UNDERCLIFF GARDENS |
| 31 Aug 2022 | £903,893 | £910,000 | 78 LEIGH CLIFF ROAD |
| 14 Jul 2022 | £29,960 | £30,000 | LAND GRAND PARADE |
| 27 Apr 2022 | £1,225,641 | £1,195,000 | 80 LEIGH CLIFF ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 26 Feb 2016. Using an estimated price of £14,013 means this house is valued at £298 per sq meter (£27 per sq foot).
The average size of a house on GRAND PARADE is 86 sq meters (928 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Grand Parade |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Cliff Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Cliff Drive |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near High Cliff Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Cliff Drive |