£684,487
This estimated value is based upon the latest sale price for the house of £372,000 on 5 Jun 2009. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £372,000 | 5 Jun 2009 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 June 2009 the House Price Index for SOUTHEND-ON-SEA was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £372,000 results in an estimated price of approximately £684,487.
| 5 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £372,000 | £312,487 | £684,487 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 95.759 % | £356,222 | £728,222 |
| 3 Month Average | 42.951 % | £159,775 | £531,775 |
| 6 Month Average | 42.509 % | £158,131 | £530,131 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £1,540,737 | £1,520,000 | 132 BURGES ROAD |
| 21 Jul 2022 | £752,024 | £750,000 | 35 DUNGANNON DRIVE |
| 24 Jun 2022 | £846,969 | £835,000 | 2 DUNGANNON DRIVE |
| 22 Oct 2021 | £791,132 | £715,000 | 146 MARCUS AVENUE |
| 1 Sep 2021 | £711,211 | £660,000 | 115 MARCUS AVENUE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 1 Apr 2009. Using an estimated price of £684,487 means this house is valued at £5,704 per sq meter (£529 per sq foot).
The average size of a house on MARCUS AVENUE is 110 sq meters (1,189 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Dungannon Drive | |
| Jan 2024 | Anti-social behaviour | On or near Dungannon Drive | |
| Jan 2024 | Anti-social behaviour | On or near Dungannon Drive | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Marcus Chase |