£5,995,994
This estimated value is based upon the latest sale price for the house of £6,000,000 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £6,000,000 | 1 Sep 2022 |
| Freehold |
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 2022 the House Price Index for SOUTHEND-ON-SEA was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £6,000,000 results in an estimated price of approximately £5,995,994.
| 1 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £6,000,000 | £-4,005 | £5,995,994 |
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 | -5.237 % | £-314,231 | £5,685,768 |
| 3 Month Average | -12.629 % | £-757,728 | £5,242,271 |
| 6 Month Average | -4.036 % | £-242,177 | £5,757,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £543,804 | £530,000 | 51 OAKWOOD AVENUE |
| 8 Sep 2023 | £170,764 | £167,000 | FLAT 3 SHIRLEY LODGE SHIRLEY ROAD |
| 23 Jun 2023 | £433,691 | £425,000 | 15 ABBOTTS CLOSE |
| 10 Feb 2023 | £368,461 | £366,000 | 1B PRIORYWOOD CRESCENT |
| 3 Jan 2023 | £1,754,688 | £1,750,000 | UNIT 4 AIRBORNE INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Airborne Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Airborne Close |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Airborne Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Airborne Close |
| Jun 2024 | Public order | Awaiting court outcome | On or near Airborne Close |