£662,153
This estimated value is based upon the latest sale price for the house of £390,000 on 22 Oct 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £390,000 | 22 Oct 2012 |
| £390,000 | 22 Oct 2012 |
| £241,995 | 16 Jan 2006 |
| £82,000 | 31 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 October 2012 the House Price Index for SOUTHEND-ON-SEA was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £390,000 results in an estimated price of approximately £662,153.
| 22 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £390,000 | £272,153 | £662,153 |
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 | 76.548 % | £298,538 | £688,538 |
| 3 Month Average | 59.167 % | £230,751 | £620,751 |
| 6 Month Average | 75.536 % | £294,591 | £684,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £437,658 | £430,000 | 52 HENRY DRIVE |
| 29 Sep 2023 | £222,849 | £220,000 | 8 COTTESMORE COURT LONDON ROAD |
| 3 Jul 2023 | £101,364 | £100,000 | 5 COTTESMORE COURT LONDON ROAD |
| 24 Oct 2022 | £277,017 | £280,000 | 1532A LONDON ROAD |
| 25 Aug 2022 | £573,456 | £575,000 | 24 WALKER DRIVE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 4 May 2012. Using an estimated price of £662,153 means this house is valued at £4,566 per sq meter (£424 per sq foot).
The average size of a house on OLIVE AVENUE is 108 sq meters (1,169 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olive Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Other theft | Under investigation | On or near Petrol Station |