£315,366
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Jan 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Southview Drive
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Jan 2014 |
| £184,995 | 12 Aug 2011 |
| £165,000 | 3 Dec 2009 |
| £60,000 | 1 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2014 the House Price Index for SOUTHEND-ON-SEA was 93.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 57.683%.Applying this 57.683% change to the original purchase price of £200,000 results in an estimated price of approximately £315,366.
| 28 Jan 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 146.7 | 57.683 % | £200,000 | £115,366 | £315,366 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 26.134 % | £52,267 | £252,267 |
| 3 Month Average | 33.761 % | £67,521 | £267,521 |
| 6 Month Average | 44.872 % | £89,744 | £289,744 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 7 Sep 2013.
The average size of a house on ELECTRIC AVENUE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southview Drive |
| Nov 2023 | Burglary | Awaiting court outcome | On or near Southview Drive |