£224,238
This estimated value is based upon the latest sale price for the house of £134,000 on 1 May 2013. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £134,000 | 1 May 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 May 2013 the House Price Index for SOUTHEND-ON-SEA was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £134,000 results in an estimated price of approximately £224,238.
| 1 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £134,000 | £90,238 | £224,238 |
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 | 52.085 % | £69,793 | £203,793 |
| 3 Month Average | 58.858 % | £78,869 | £212,869 |
| 6 Month Average | 43.601 % | £58,424 | £192,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £380,116 | £375,000 | 53 RIVIERA DRIVE |
| 28 Jul 2022 | £461,242 | £460,000 | THE EXCHANGE, 659 - 665 SOUTHCHURCH ROAD |
| 8 Jun 2022 | £411,820 | £406,000 | 19 ILFRACOMBE AVENUE |
| 26 Apr 2022 | £447,963 | £435,000 | 42 LOVELACE AVENUE |
| 11 Feb 2022 | £418,429 | £399,000 | 157 AMBLESIDE DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 8 Jul 2016. Using an estimated price of £224,239 means this house is valued at £4,230 per sq meter (£393 per sq foot).
The average size of a house on LOVELACE AVENUE is 74 sq meters (800 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lovelace Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Lovelace Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lovelace Avenue |
| Mar 2024 | Theft from the person | Unable to prosecute suspect | On or near Lovelace Avenue |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lovelace Avenue |