£400,913
This estimated value is based upon the latest sale price for the house of £325,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 7 Dec 2018 |
| £30,000 | 10 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 December 2018 the House Price Index for SOUTHEND-ON-SEA was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £325,000 results in an estimated price of approximately £400,913.
| 7 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £325,000 | £75,913 | £400,913 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | -9.633 % | £-31,306 | £293,693 |
| 3 Month Average | -21.731 % | £-70,624 | £254,375 |
| 6 Month Average | -8.495 % | £-27,609 | £297,390 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £481,480 | £475,000 | 110 RUTLAND AVENUE |
| 8 Jul 2022 | £493,829 | £492,500 | 62 RUTLAND AVENUE |
| 9 Jun 2022 | £502,096 | £495,000 | 101 RUTLAND AVENUE |
| 20 Dec 2021 | £551,759 | £515,000 | 83 RUTLAND AVENUE |
| 29 Nov 2021 | £481,274 | £445,000 | 123 LIFSTAN WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 17 Oct 2018. Using an estimated price of £400,913 means this house is valued at £4,176 per sq meter (£387 per sq foot).
The average size of a house on WOODGRANGE DRIVE is 116 sq meters (1,258 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lifstan Way |
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way | |
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way |