£586,970
This estimated value is based upon the latest sale price for the house of £395,000 on 30 Jan 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £395,000 | 30 Jan 2015 |
| £262,000 | 22 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2015 the House Price Index for SOUTHEND-ON-SEA was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £395,000 results in an estimated price of approximately £586,970.
| 30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £395,000 | £191,970 | £586,970 |
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 | 63.231 % | £249,763 | £644,763 |
| 3 Month Average | 42.355 % | £167,300 | £562,300 |
| 6 Month Average | 55.334 % | £218,567 | £613,567 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2023 | £557,503 | £550,000 | 46 THE FAIRWAY |
| 20 Jun 2023 | £379,598 | £375,000 | 325 EASTWOOD ROAD NORTH |
| 17 Jan 2023 | £567,328 | £570,000 | 6 WOODCUTTERS AVENUE |
| 13 Apr 2022 | £334,685 | £325,000 | 2 OAK WALK |
| 9 Dec 2021 | £321,413 | £300,000 | 10 OAK WALK |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 9 Dec 2013. Using an estimated price of £586,970 means this house is valued at £8,267 per sq meter (£768 per sq foot).
The average size of a house on THE FAIRWAY is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Danescroft Drive |
| Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Danescroft Drive |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Supermarket |
| Mar 2024 | Public order | Under investigation | On or near Supermarket |