6, ELDBERT CLOSE, SOUTHEND-ON-SEA, SS2 4SQ - £205,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 ELDBERT CLOSE is a very small terraced house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £273,081. It was last sold for £205,000 in January 2017, which was around 18% below the average January 2017 terraced price in the Southend-on-Sea local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was B.

6 ELDBERT CLOSE Sold Prices

Land registry data shows three sales for 6 ELDBERT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 6 ELDBERT CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 JAN	£205,000	£251,024	18% below HPI
2012 19 JAN	£130,000	£169,540	23% below HPI
2000 16 JUN	£64,950	£70,174	7% below HPI

6 ELDBERT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Southend-on-Sea local authority area over time, sourced from the HPI. The three 6 ELDBERT CLOSE sales between June 2000 and January 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the January 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2017 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 6 ELDBERT CLOSE be worth now?

6 ELDBERT CLOSE might now be worth an estimated £273,081.

This is based on house price inflation of 33.2%, between January 2017 and March 2026, for terraced houses, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for 6 ELDBERT CLOSE of £205,000 on 30th January 2017. For the value to have increased from £205,000 to £273,081 over the eight years and ten months to March 2026, the following assumptions must hold true:

• The value of 6 ELDBERT CLOSE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The January 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELDBERT CLOSE has not materially changed since January 2017.

How Large is 6 ELDBERT CLOSE?

6 ELDBERT CLOSE is 72m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 10% of terraced houses houses in Southend-on-Sea, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Southend-on-Sea, and where 6 ELDBERT CLOSE lies on this distribution: 9% of terraced houses houses are smaller than 6 ELDBERT CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Southend-on-Sea.

6 ELDBERT CLOSE: Plot and Title Map

6 ELDBERT CLOSE sits on a plot of roughly 0.036 of an acre, or 144m². The below map shows the location of 6 ELDBERT CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 ELDBERT CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 ELDBERT CLOSE?

6 ELDBERT CLOSE is located in SOUTHEND-ON-SEA, in the SS2 postcode district. The below map shows the position of No. 6 on ELDBERT CLOSE.