£282,615
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Mar 2003. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There have been three burglaries within the last year on or near Grasmead Avenue
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| Price Paid | Date |
|---|---|
| £118,000 | 28 Mar 2003 |
| £57,000 | 30 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2003 the House Price Index for SOUTHEND-ON-SEA was 61.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 139.504%.Applying this 139.504% change to the original purchase price of £118,000 results in an estimated price of approximately £282,615.
| 28 Mar 2003 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 146.7 | 139.504 % | £118,000 | £164,615 | £282,615 |
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 | 144.181 % | £170,133 | £288,133 |
| 3 Month Average | 140.505 % | £165,796 | £283,796 |
| 6 Month Average | 170.445 % | £201,125 | £319,125 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 9 Mar 2020.
The average size of a house on DUNDONALD DRIVE is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Grasmead Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Grasmead Avenue |
| Mar 2024 | Burglary | Under investigation | On or near Grasmead Avenue |
| Mar 2024 | Other crime | Awaiting court outcome | On or near Grasmead Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Grasmead Avenue |