£421,989
This estimated value is based upon the latest sale price for the house of £250,000 on 1 Feb 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 |
|---|---|
| £250,000 | 1 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 February 2013 the House Price Index for SOUTHEND-ON-SEA was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £250,000 results in an estimated price of approximately £421,989.
| 1 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £250,000 | £171,989 | £421,989 |
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 | 67.696 % | £169,238 | £419,238 |
| 3 Month Average | 55.451 % | £138,628 | £388,628 |
| 6 Month Average | 72.875 % | £182,186 | £432,186 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £262,295 | £260,000 | FLAT 1 76 FAIRLEIGH DRIVE |
| 6 Apr 2023 | £470,061 | £465,000 | 51 FAIRLEIGH DRIVE |
| 31 May 2022 | £667,579 | £655,000 | 22 FAIRLEIGH DRIVE |
| 27 May 2022 | £514,698 | £505,000 | 50 FAIRLEIGH DRIVE |
| 1 Apr 2022 | £669,369 | £650,000 | 16 MARINE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 26 Jan 2015. Using an estimated price of £421,989 means this house is valued at £5,626 per sq meter (£522 per sq foot).
The average size of a house on FAIRLEIGH DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairleigh Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glendale Gardens |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Glendale Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Glendale Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Avenue |