£364,266
This estimated value is based upon the latest sale price for the house of £275,000 on 25 Oct 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 |
---|---|
£275,000 | 25 Oct 2016 |
£226,000 | 24 Apr 2013 |
Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 October 2016 the House Price Index for SOUTHEND-ON-SEA was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £275,000 results in an estimated price of approximately £364,266.
25 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £275,000 | £89,266 | £364,266 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 59.326 % | £163,147 | £438,147 |
3 Month Average | 19.551 % | £53,764 | £328,764 |
6 Month Average | 24.643 % | £67,767 | £342,767 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £188,295 | £185,000 | 118 RONALD PARK AVENUE |
1 Dec 2023 | £154,707 | £152,000 | 128A TINTERN AVENUE |
25 Aug 2023 | £428,751 | £425,000 | 102 RONALD PARK AVENUE |
11 Aug 2023 | £297,906 | £295,300 | 407 FAIRFAX DRIVE |
14 Apr 2023 | £293,156 | £290,000 | 403 FAIRFAX DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 26 Mar 2013. Using an estimated price of £364,267 means this house is valued at £3,916 per sq meter (£363 per sq foot).
The average size of a house on FAIRFAX DRIVE is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Possession of weapons | Under investigation | On or near Further/Higher Educational Building |
Mar 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
Mar 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
Mar 2024 | Other crime | Under investigation | On or near Further/Higher Educational Building |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Further/Higher Educational Building |