£295,817
This estimated value is based upon the latest sale price for the house of £272,500 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £272,500 | 30 Sep 2021 |
| £200,000 | 20 Dec 2016 |
| £59,000 | 30 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 September 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £272,500 results in an estimated price of approximately £295,817.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £272,500 | £23,317 | £295,817 |
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 | 18.967 % | £51,685 | £324,185 |
| 3 Month Average | 24.023 % | £65,463 | £337,963 |
| 6 Month Average | 5.691 % | £15,506 | £288,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £175,389 | £170,000 | FLAT 3 34 PALMERSTON ROAD |
| 7 Dec 2023 | £124,836 | £121,000 | FLAT C 24 PALMERSTON ROAD |
| 1 Dec 2023 | £252,767 | £245,000 | 22A PALMERSTON ROAD |
| 11 Apr 2023 | £144,707 | £142,000 | FLAT 3 11 MANOR ROAD |
| 20 Oct 2022 | £274,085 | £275,000 | FLAT 2 PALMERSTON COURT PALMERSTON ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 2 Jun 2021. Using an estimated price of £295,818 means this house is valued at £3,997 per sq meter (£371 per sq foot).
The average size of a house on PALMERSTON ROAD is 65 sq meters (703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Palmerston Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmerston Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Palmerston Road |
| Aug 2024 | Other theft | Under investigation | On or near Palmerston Road |