£337,415
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£275,000 | 20 Sep 2019 |
£268,000 | 6 May 2016 |
£139,000 | 12 Jun 2009 |
£215,000 | 6 Sep 2006 |
£150,000 | 29 Mar 2006 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 September 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £275,000 results in an estimated price of approximately £337,415.
20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £275,000 | £62,415 | £337,415 |
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 | -19.697 % | £-54,166 | £220,833 |
3 Month Average | 5.927 % | £16,298 | £291,298 |
6 Month Average | 17.335 % | £47,670 | £322,670 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £216,000 | £216,000 | 148A WESTMINSTER DRIVE |
30 Nov 2023 | £286,238 | £282,000 | 168 WESTMINSTER DRIVE |
10 Nov 2023 | £121,803 | £120,000 | 191 WESTMINSTER DRIVE |
29 Aug 2023 | £242,118 | £240,000 | 440A FAIRFAX DRIVE |
21 Mar 2023 | £368,471 | £365,000 | 129 FAIRMEAD AVENUE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 May 2019. Using an estimated price of £337,415 means this house is valued at £4,114 per sq meter (£382 per sq foot).
The average size of a house on WESTMINSTER DRIVE is 78 sq meters (848 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Fairmead Avenue | |
Mar 2024 | Other crime | Under investigation | On or near Fairmead Avenue |
Mar 2024 | Other theft | Under investigation | On or near Fairmead Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairmead Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmead Avenue |