£262,472
This estimated value is based upon the latest sale price for the house of £260,000 on 27 Mar 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £260,000 | 27 Mar 2023 |
| £205,000 | 16 Nov 2016 |
| £115,000 | 15 Jul 2005 |
| £40,500 | 8 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 March 2023 the House Price Index for SOUTHEND-ON-SEA was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £260,000 results in an estimated price of approximately £262,472.
| 27 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £260,000 | £2,472 | £262,472 |
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 | 15.807 % | £41,097 | £301,097 |
| 3 Month Average | -13.676 % | £-35,558 | £224,441 |
| 6 Month Average | -4.634 % | £-12,048 | £247,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £245,292 | £241,000 | 152 FAIRMEAD AVENUE |
| 11 Dec 2023 | £213,740 | £210,000 | FLAT 9 THE REACH, 687 - 693 LONDON ROAD |
| 11 Aug 2023 | £193,695 | £192,000 | 42 HILDAVILLE DRIVE |
| 27 Mar 2023 | £262,473 | £260,000 | 48 FAIRMEAD AVENUE |
| 27 Mar 2023 | £429,042 | £425,000 | 52 HILDAVILLE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Mar 2016. Using an estimated price of £262,473 means this house is valued at £4,166 per sq meter (£387 per sq foot).
The average size of a house on FAIRMEAD AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |