£253,368
This estimated value is based upon the latest sale price for the house of £150,000 on 3 Oct 2006. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £150,000 | 3 Oct 2006 |
| £49,000 | 30 Jan 1998 |
| £24,250 | 7 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2006 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 68.912%.Applying this 68.912% change to the original purchase price of £150,000 results in an estimated price of approximately £253,368.
| 3 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £150,000 | £103,368 | £253,368 |
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 | 38.360 % | £57,539 | £207,539 |
| 3 Month Average | 66.106 % | £99,159 | £249,159 |
| 6 Month Average | 70.064 % | £105,095 | £255,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £229,007 | £225,000 | 74 FAIRFAX DRIVE |
| 6 Jan 2023 | £211,504 | £212,500 | 62 GAINSBOROUGH DRIVE |
| 18 Nov 2022 | £345,811 | £350,000 | 98 GAINSBOROUGH DRIVE |
| 1 Nov 2022 | £218,355 | £221,000 | 64 FAIRFAX DRIVE |
| 12 Aug 2022 | £174,530 | £175,000 | 84A GAINSBOROUGH DRIVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 24 Jan 2013. Using an estimated price of £253,369 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on FAIRFAX DRIVE is 70 sq meters (759 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Drive |
| Mar 2024 | Anti-social behaviour | On or near Shakespeare Drive | |
| Feb 2024 | Drugs | Under investigation | On or near Shakespeare Drive |