£669,369
This estimated value is based upon the latest sale price for the house of £650,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £650,000 | 1 Apr 2022 |
| £322,000 | 4 May 2010 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 April 2022 the House Price Index for SOUTHEND-ON-SEA was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £650,000 results in an estimated price of approximately £669,369.
| 1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £650,000 | £19,369 | £669,369 |
The Postcode Pricing Model uses changes in average sales price within the SS9 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 | -1.735 % | £-11,275 | £638,724 |
| 3 Month Average | -6.992 % | £-45,450 | £604,549 |
| 6 Month Average | -0.389 % | £-2,529 | £647,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £262,295 | £260,000 | FLAT 1 76 FAIRLEIGH DRIVE |
| 14 Jul 2023 | £633,527 | £625,000 | 16 WESTLEIGH AVENUE |
| 6 Apr 2023 | £470,061 | £465,000 | 51 FAIRLEIGH DRIVE |
| 22 Feb 2023 | £619,583 | £620,000 | 42 WESTLEIGH AVENUE |
| 6 Jun 2022 | £542,669 | £535,000 | 76 WESTLEIGH AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 3 Nov 2021. Using an estimated price of £669,369 means this house is valued at £5,229 per sq meter (£485 per sq foot).
The average size of a house on MARINE AVENUE is 127 sq meters (1,370 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairleigh Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glendale Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Glendale Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glendale Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Leighville Grove |