£519,399
This estimated value is based upon the latest sale price for the house of £482,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £482,000 | 17 Sep 2021 |
| £320,000 | 17 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £482,000 results in an estimated price of approximately £519,399.
| 17 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £482,000 | £37,399 | £519,399 |
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 | 4.268 % | £20,572 | £502,572 |
| 3 Month Average | 0.297 % | £1,429 | £483,429 |
| 6 Month Average | 1.218 % | £5,869 | £487,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £537,965 | £530,000 | 51 OAKWOOD AVENUE |
| 30 Jun 2023 | £354,292 | £350,000 | 145 EASTWOOD ROAD NORTH |
| 26 Oct 2022 | £361,112 | £365,000 | 82 ARTERIAL ROAD |
| 14 Jul 2022 | £501,350 | £500,000 | 18 OAKWOOD AVENUE |
| 8 Apr 2022 | £401,622 | £390,000 | 163 EASTWOOD ROAD NORTH |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 16 Jun 2021. Using an estimated price of £519,400 means this house is valued at £5,525 per sq meter (£513 per sq foot).
The average size of a house on OAKWOOD AVENUE is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmsleigh Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmsleigh Drive |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Elmsleigh Drive |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastwood Road North |