£580,417
This estimated value is based upon the latest sale price for the house of £480,000 on 15 Jul 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 |
---|---|
£480,000 | 15 Jul 2020 |
£265,000 | 6 Jan 2012 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 844 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 July 2020 the House Price Index for SOUTHEND-ON-SEA was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £480,000 results in an estimated price of approximately £580,417.
15 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £480,000 | £100,417 | £580,417 |
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 | 35.676 % | £171,245 | £651,245 |
3 Month Average | 23.627 % | £113,410 | £593,410 |
6 Month Average | 14.601 % | £70,084 | £550,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £550,000 | £550,000 | 100 VARDON DRIVE |
24 Jul 2023 | £516,958 | £510,000 | 49 HIGHLANDS BOULEVARD |
4 Apr 2023 | £535,769 | £530,000 | 22 DUNDEE AVENUE |
14 Apr 2022 | £514,900 | £500,000 | 82 VARDON DRIVE |
13 Apr 2022 | £525,198 | £510,000 | 28 EDINBURGH AVENUE |
This house has a floor area of 78 sq meters or 844 sq feet when measured on 25 Aug 2011. Using an estimated price of £580,417 means this house is valued at £7,396 per sq meter (£687 per sq foot).
The average size of a house on VARDON DRIVE is 90 sq meters (970 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dundee Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Montague Avenue |
Mar 2024 | Other crime | Awaiting court outcome | On or near Dundee Close |
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Dundee Close |
Mar 2024 | Public order | Under investigation | On or near Eaton Road |