7, MALMSMEAD, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8AZ - £418,000

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.

7 MALMSMEAD is a detached house, which could now be worth an estimated £783,606. It was last sold for £418,000 in October 2007, which was around 22% above the average October 2007 detached price in the Southend-on-Sea local authority area.

7 MALMSMEAD Sold Prices

Land registry data shows two sales for 7 MALMSMEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Southend-on-Sea local authority area for the corresponding sale date. Both of the two 7 MALMSMEAD 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
2007 12 OCT	£418,000	£343,718	22% above HPI
2003 25 JUL	£335,000	£262,458	28% above HPI

What might 7 MALMSMEAD be worth now?

7 MALMSMEAD might now be worth an estimated £783,606.

This is based on house price inflation of 87.5%, between October 2007 and May 2026, for detached 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 87.5% inflationary increase is applied to the most recent sale price for 7 MALMSMEAD of £418,000 on 12th October 2007. For the value to have increased from £418,000 to £783,606 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 7 MALMSMEAD has moved in line with the HPI for detached houses in the Southend-on-Sea local authority area.
• The October 2007 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MALMSMEAD has not materially changed since October 2007.

Where is 7 MALMSMEAD?

7 MALMSMEAD is located in SHOEBURYNESS, in the SS3 postcode district.