£275,433
This estimated value is based upon the latest sale price for the house of £65,000 on 12 Aug 1999. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £65,000 | 12 Aug 1999 |
| £50,000 | 5 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 46 sq meters or 495 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 August 1999 the House Price Index for SOUTHEND-ON-SEA was 34.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 323.743%.Applying this 323.743% change to the original purchase price of £65,000 results in an estimated price of approximately £275,433.
| 12 Aug 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.6 | 146.7 | 323.743 % | £65,000 | £210,433 | £275,433 |
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 | 381.776 % | £248,154 | £313,154 |
| 3 Month Average | 338.299 % | £219,894 | £284,894 |
| 6 Month Average | 390.291 % | £253,689 | £318,689 |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 3 Oct 2019.
The average size of a house on OAKWOOD AVENUE is 97 sq meters (1,053 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Abbotts Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elmsleigh Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elmsleigh Drive |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Elmsleigh Drive |