£162,713
This estimated value is based upon the latest sale price for the house of £29,250 on 7 Jun 1995. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Richmond Drive
More crime details
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| Price Paid | Date |
|---|---|
| £29,250 | 7 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 1995 the House Price Index for SOUTHEND-ON-SEA was 26.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 456.286%.Applying this 456.286% change to the original purchase price of £29,250 results in an estimated price of approximately £162,713.
| 7 Jun 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 146.7 | 456.286 % | £29,250 | £133,463 | £162,713 |
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 | 561.807 % | £164,328 | £193,578 |
| 3 Month Average | 466.078 % | £136,327 | £165,577 |
| 6 Month Average | 533.935 % | £156,176 | £185,426 |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 23 May 2016.
The average size of a house on RICHMOND DRIVE is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Richmond Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colemans Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colemans Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colemans Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Prince Close |