£524,669
This estimated value is based upon the latest sale price for the house of £355,000 on 27 Feb 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £355,000 | 27 Feb 2015 |
| £170,000 | 18 Dec 2000 |
| £80,000 | 25 Nov 1999 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 February 2015 the House Price Index for SOUTHEND-ON-SEA was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £355,000 results in an estimated price of approximately £524,669.
| 27 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £355,000 | £169,669 | £524,669 |
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 | 38.102 % | £135,261 | £490,261 |
| 3 Month Average | 39.974 % | £141,906 | £496,906 |
| 6 Month Average | 53.379 % | £189,495 | £544,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jul 2022 | £531,431 | £530,000 | 63 OLIVIA DRIVE |
| 7 Apr 2022 | £545,794 | £530,000 | 33 OLIVIA DRIVE |
| 15 Mar 2022 | £567,354 | £547,500 | 56 MADEIRA AVENUE |
| 15 Nov 2021 | £634,849 | £587,000 | 21 SCARBOROUGH DRIVE |
| 30 Sep 2021 | £490,305 | £455,000 | 57 SCARBOROUGH DRIVE |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 29 Aug 2014. Using an estimated price of £524,669 means this house is valued at £4,265 per sq meter (£396 per sq foot).
The average size of a house on SCARBOROUGH DRIVE is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scarborough Drive |
| Mar 2024 | Shoplifting | Unable to prosecute suspect | On or near Olivia Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Olivia Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Olivia Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olivia Drive |