£535,974
This estimated value is based upon the latest sale price for the house of £445,000 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £445,000 | 20 Mar 2020 |
| £336,500 | 20 Feb 2015 |
| £230,000 | 24 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 March 2020 the House Price Index for SOUTHEND-ON-SEA was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £445,000 results in an estimated price of approximately £535,974.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £445,000 | £90,974 | £535,974 |
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 | 45.374 % | £201,912 | £646,912 |
| 3 Month Average | 6.067 % | £26,996 | £471,996 |
| 6 Month Average | 18.420 % | £81,967 | £526,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £131,774 | £130,000 | 7 VICTORIA DRIVE |
| 13 May 2022 | £280,281 | £275,000 | 19A VICTORIA DRIVE |
| 26 Apr 2022 | £9,011 | £8,750 | 35 TORQUAY DRIVE |
| 14 Feb 2022 | £272,661 | £260,000 | 24A VICTORIA DRIVE |
| 20 Oct 2021 | £285,471 | £258,000 | 18 PALL MALL |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 4 Oct 2019. Using an estimated price of £535,974 means this house is valued at £5,306 per sq meter (£493 per sq foot).
The average size of a house on VICTORIA DRIVE is 94 sq meters (1,016 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Mar 2024 | Burglary | Under investigation | On or near Torquay Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Torquay Drive |