£414,402
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Dec 2012. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £245,000 | 18 Dec 2012 |
| £223,000 | 12 Jan 2012 |
| £97,000 | 26 Jan 2001 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 975 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 December 2012 the House Price Index for SOUTHEND-ON-SEA was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £245,000 results in an estimated price of approximately £414,402.
| 18 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £245,000 | £169,402 | £414,402 |
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 | 38.148 % | £93,463 | £338,463 |
| 3 Month Average | 72.221 % | £176,940 | £421,940 |
| 6 Month Average | 71.714 % | £175,698 | £420,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £529,633 | £525,000 | 41 KATHLEEN DRIVE |
| 12 Jul 2023 | £592,981 | £585,000 | 23 GRANGE PARK DRIVE |
| 5 Apr 2023 | £363,918 | £360,000 | 24 RECREATION AVENUE |
| 29 Jun 2022 | £410,805 | £405,000 | 37 PAVILION DRIVE |
| 30 May 2022 | £270,089 | £265,000 | FLAT B1 RECREATION COURT, 11 - 13 RECREATION AVENUE |
This house has a floor area of 90 sq meters or 975 sq feet when measured on 1 Jun 2011. Using an estimated price of £414,402 means this house is valued at £4,573 per sq meter (£424 per sq foot).
The average size of a house on RECREATION AVENUE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Action to be taken by another organisation | On or near Recreation Avenue |
| Mar 2024 | Public order | Under investigation | On or near Recreation Avenue |
| Mar 2024 | Public order | Under investigation | On or near Recreation Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Avenue |