£541,698
This estimated value is based upon the latest sale price for the house of £399,950 on 29 Apr 2016. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £399,950 | 29 Apr 2016 |
| £240,000 | 17 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 April 2016 the House Price Index for SOUTHEND-ON-SEA was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £399,950 results in an estimated price of approximately £541,698.
| 29 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £399,950 | £141,748 | £541,698 |
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 | 65.068 % | £260,239 | £660,189 |
| 3 Month Average | 13.646 % | £54,576 | £454,526 |
| 6 Month Average | 19.269 % | £77,066 | £477,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £469,104 | £465,000 | 128 LIFSTAN WAY |
| 16 Mar 2023 | £418,947 | £415,000 | 12 BUTTERYS |
| 15 Mar 2023 | £540,088 | £535,000 | 1 GLEBE CLOSE |
| 10 Feb 2023 | £557,125 | £557,500 | 349 WOODGRANGE DRIVE |
| 24 Nov 2022 | £498,956 | £505,000 | 144 LIFSTAN WAY |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 22 Feb 2016. Using an estimated price of £541,699 means this house is valued at £4,476 per sq meter (£415 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Close |
| 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 | |
| Jan 2024 | Anti-social behaviour | On or near Lifstan Way |