£90,429
This estimated value is based upon the latest sale price for the house of £78,000 on 27 Nov 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £78,000 | 27 Nov 2020 |
| £70,000 | 13 Oct 2003 |
| £52,950 | 25 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 November 2020 the House Price Index for SOUTHEND-ON-SEA was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £78,000 results in an estimated price of approximately £90,429.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £78,000 | £12,429 | £90,429 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 44.203 % | £34,478 | £112,478 |
| 3 Month Average | -12.880 % | £-10,046 | £67,953 |
| 6 Month Average | -14.246 % | £-11,111 | £66,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £223,306 | £220,000 | 8 AMBLESIDE COURT, 87 AMBLESIDE DRIVE |
| 1 Aug 2023 | £89,785 | £89,000 | FLAT 20 PEMBRIDGE COURT RIVIERA DRIVE |
| 18 Jul 2023 | £91,228 | £90,000 | FLAT 3 PEMBRIDGE COURT RIVIERA DRIVE |
| 9 Jun 2023 | £253,065 | £250,000 | 20 BELLE VUE AVENUE |
| 3 Mar 2023 | £344,700 | £341,452 | 4 BELLE VUE PLACE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 7 May 2019. Using an estimated price of £90,430 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on RIVIERA DRIVE is 76 sq meters (821 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Bellevue Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bellevue Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellevue Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bellevue Avenue |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Bellevue Avenue |