£499,793
This estimated value is based upon the latest sale price for the house of £315,000 on 22 Jun 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £315,000 | 22 Jun 2007 |
| Detached |
| Freehold |
| Floor Area: 338 sq meters or 3,638 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 June 2007 the House Price Index for SOUTHEND-ON-SEA was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £315,000 results in an estimated price of approximately £499,793.
| 22 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £315,000 | £184,793 | £499,793 |
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 | 33.949 % | £106,940 | £421,940 |
| 3 Month Average | 62.291 % | £196,215 | £511,215 |
| 6 Month Average | 54.886 % | £172,891 | £487,891 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £418,947 | £415,000 | 12 BUTTERYS |
| 24 Feb 2023 | £389,738 | £390,000 | 101 BUTTERYS |
| 8 Aug 2022 | £378,980 | £380,000 | 22 BUTTERYS |
| 29 Jul 2022 | £511,377 | £510,000 | 10 WOODGRANGE CLOSE |
| 12 Jul 2022 | £551,480 | £549,995 | 403 WOODGRANGE DRIVE |
This house has a floor area of 338 sq meters or 3,638 sq feet when measured on 11 Sep 2021. Using an estimated price of £499,793 means this house is valued at £1,478 per sq meter (£137 per sq foot).
The average size of a house on WOODGRANGE DRIVE is 116 sq meters (1,258 sq feet).
This house is the largest in the street with a floor area of 338 sq meters (3,638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Meadow Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meadow Drive |
| Mar 2024 | Theft from the person | Under investigation | On or near Meadow Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glebe Close |