£293,634
This estimated value is based upon the latest sale price for the house of £280,000 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £280,000 | 25 Feb 2022 |
| £227,500 | 17 May 2019 |
| £145,000 | 1 May 2008 |
| £89,000 | 22 Aug 2002 |
| £57,000 | 18 Nov 1999 |
| £38,500 | 6 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 February 2022 the House Price Index for SOUTHEND-ON-SEA was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £280,000 results in an estimated price of approximately £293,634.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £280,000 | £13,634 | £293,634 |
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 | -29.774 % | £-83,368 | £196,631 |
| 3 Month Average | 3.623 % | £10,143 | £290,143 |
| 6 Month Average | -5.200 % | £-14,560 | £265,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £265,574 | £262,000 | 8 FERNBROOK AVENUE |
| 6 Mar 2023 | £277,615 | £275,000 | 33 OAKLEIGH AVENUE |
| 25 Nov 2022 | £279,613 | £283,000 | 8 OAKLEIGH AVENUE |
| 11 Nov 2022 | £278,625 | £282,000 | 23 OAKLEIGH AVENUE |
| 11 Aug 2022 | £275,758 | £276,500 | 3 FERNBROOK AVENUE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 26 Feb 2019. Using an estimated price of £293,634 means this house is valued at £5,338 per sq meter (£495 per sq foot).
The average size of a house on OAKLEIGH AVENUE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakleigh Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakleigh Avenue |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Oakleigh Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakleigh Avenue |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Oakleigh Avenue |