£355,605
This estimated value is based upon the latest sale price for the house of £330,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £330,000 | 29 Sep 2021 |
| £197,000 | 7 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 September 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £330,000 results in an estimated price of approximately £355,605.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £330,000 | £25,605 | £355,605 |
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 | 7.405 % | £24,437 | £354,437 |
| 3 Month Average | 3.505 % | £11,566 | £341,566 |
| 6 Month Average | -0.638 % | £-2,106 | £327,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £343,001 | £340,000 | 134 WENHAM DRIVE |
| 31 Mar 2023 | £348,281 | £345,000 | 59 WENHAM DRIVE |
| 22 Mar 2023 | £242,283 | £240,000 | 45 MACDONALD AVENUE |
| 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 85 sq meters or 914 sq feet when measured on 16 Oct 2013. Using an estimated price of £355,606 means this house is valued at £4,183 per sq meter (£388 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 | Other theft | Under investigation | On or near Macdonald Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Macdonald Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Macdonald Avenue |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Macdonald Avenue |
| Dec 2023 | Other crime | Further investigation is not in the public interest | On or near Macdonald Avenue |