£524,271
This estimated value is based upon the latest sale price for the house of £425,000 on 19 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 |
|---|---|
| £425,000 | 19 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 £425,000 results in an estimated price of approximately £524,271.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £425,000 | £99,271 | £524,271 |
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 | 11.045 % | £46,942 | £471,942 |
| 3 Month Average | 4.970 % | £21,121 | £446,121 |
| 6 Month Average | 15.692 % | £66,690 | £491,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £167,137 | £165,000 | 7C OAKLEIGH PARK DRIVE |
| 21 Mar 2023 | £262,473 | £260,000 | 29A OAKLEIGH PARK DRIVE |
| 29 Mar 2022 | £202,071 | £195,000 | 7B OAKLEIGH PARK DRIVE |
| 11 Feb 2022 | £555,808 | £530,000 | 16 OAKLEIGH PARK DRIVE |
| 21 Jan 2022 | £684,065 | £650,000 | 31 OAKLEIGH PARK DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Sep 2018. Using an estimated price of £524,271 means this house is valued at £5,041 per sq meter (£468 per sq foot).
The average size of a house on OAKLEIGH PARK DRIVE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pall Mall |
| Mar 2024 | Anti-social behaviour | On or near Pall Mall | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pall Mall |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pall Mall |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pall Mall |