3, ELM CLOSE, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 9PF - £113,000

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.

3 ELM CLOSE is a terraced house, which could now be worth an estimated £412,824. It was last sold for £113,000 in May 2002, which was around 24% above the average May 2002 terraced price in the Southend-on-Sea local authority area.

3 ELM CLOSE Sold Prices

Land registry data shows two sales for 3 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 3 ELM CLOSE sales were for above 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
2002 31 MAY	£113,000	£91,459	24% above HPI
1998 30 JAN	£53,500	£52,304	2% above HPI

What might 3 ELM CLOSE be worth now?

3 ELM CLOSE might now be worth an estimated £412,824.

This is based on house price inflation of 265.3%, between May 2002 and May 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 265.3% inflationary increase is applied to the most recent sale price for 3 ELM CLOSE of £113,000 on 31st May 2002. For the value to have increased from £113,000 to £412,824 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 3 ELM CLOSE has moved in line with the HPI for terraced houses in the Southend-on-Sea local authority area.
• The May 2002 sale price of £113,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ELM CLOSE has not materially changed since May 2002.

Where is 3 ELM CLOSE?

3 ELM CLOSE is located in SHOEBURYNESS, in the SS3 postcode district.