£287,544
This estimated value is based upon the latest sale price for the house of £170,000 on 20 Dec 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £170,000 | 20 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,056 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 December 2012 the House Price Index for SOUTHEND-ON-SEA was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £170,000 results in an estimated price of approximately £287,544.
| 20 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £170,000 | £117,544 | £287,544 |
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 | 33.322 % | £56,647 | £226,647 |
| 3 Month Average | 59.650 % | £101,404 | £271,404 |
| 6 Month Average | 59.598 % | £101,316 | £271,316 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £348,281 | £345,000 | 59 WENHAM DRIVE |
| 22 Mar 2023 | £242,283 | £240,000 | 45 MACDONALD AVENUE |
| 31 Jan 2023 | £477,750 | £480,000 | 67 GAINSBOROUGH DRIVE |
| 3 Nov 2022 | £212,427 | £215,000 | 45 WENHAM DRIVE |
| 26 May 2022 | £356,722 | £350,000 | 61A MACDONALD AVENUE |
This house has a floor area of 98 sq meters or 1,056 sq feet when measured on 27 Mar 2012. Using an estimated price of £287,544 means this house is valued at £2,929 per sq meter (£272 per sq foot).
The average size of a house on MACDONALD AVENUE is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gainsborough Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Gainsborough Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gainsborough Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gainsborough Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gainsborough Drive |