£248,542
This estimated value is based upon the latest sale price for the house of £200,000 on 3 Dec 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£200,000 | 3 Dec 2018 |
£129,000 | 2 Aug 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 680 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 December 2018 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £200,000 results in an estimated price of approximately £248,542.
3 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £200,000 | £48,542 | £248,542 |
The Postcode Pricing Model uses changes in average sales price within the SS2 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 | 4.322 % | £8,643 | £208,643 |
3 Month Average | 10.266 % | £20,532 | £220,532 |
6 Month Average | 15.764 % | £31,527 | £231,527 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £252,767 | £245,000 | 4 WALLIS AVENUE |
6 Jun 2023 | £267,868 | £262,500 | 3 ROOTS HALL AVENUE |
27 Jan 2023 | £170,455 | £170,000 | FLAT 2 REYNOLDS HOUSE, 1 WEST STREET |
13 Jan 2023 | £277,742 | £277,000 | 21 WALLIS AVENUE |
13 Oct 2022 | £117,607 | £118,000 | FLAT 12 PRIORY COURT ROOTS HALL DRIVE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 13 Jun 2011. Using an estimated price of £248,542 means this house is valued at £3,931 per sq meter (£365 per sq foot).
The average size of a house on WEST STREET is 65 sq meters (706 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other crime | Unable to prosecute suspect | On or near West Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Street |
Aug 2024 | Violence and sexual offences | Awaiting court outcome | On or near Roots Hall Avenue |
Jul 2024 | Public order | Under investigation | On or near Roots Hall Avenue |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roots Hall Drive |