£425,662
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Oct 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 |
|---|---|
| £245,000 | 5 Oct 2009 |
| £238,000 | 15 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,038 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 October 2009 the House Price Index for SOUTHEND-ON-SEA was 84.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 73.740%.Applying this 73.740% change to the original purchase price of £245,000 results in an estimated price of approximately £425,662.
| 5 Oct 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.4 | 146.7 | 73.740 % | £245,000 | £180,662 | £425,662 |
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 | 25.143 % | £61,600 | £306,600 |
| 3 Month Average | 46.836 % | £114,747 | £359,747 |
| 6 Month Average | 46.530 % | £113,998 | £358,998 |
This house has a floor area of 96 sq meters or 1,038 sq feet when measured on 15 May 2009.
The average size of a house on MEADOW DRIVE is 90 sq meters (971 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Theft from the person | Under investigation | On or near Meadow Drive |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Meadow Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Greenways |