£344,829
This estimated value is based upon the latest sale price for the house of £320,000 on 16 Sep 2021. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £320,000 | 16 Sep 2021 |
| £69,000 | 24 Sep 1999 |
| £58,000 | 6 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 September 2021 the House Price Index for SOUTHEND-ON-SEA was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £320,000 results in an estimated price of approximately £344,829.
| 16 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £320,000 | £24,829 | £344,829 |
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 | -15.154 % | £-48,492 | £271,507 |
| 3 Month Average | 10.424 % | £33,356 | £353,356 |
| 6 Month Average | -1.046 % | £-3,347 | £316,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £363,182 | £360,005 | 170 ELMSLEIGH DRIVE |
| 27 Jan 2023 | £477,750 | £480,000 | 233 ELMSLEIGH DRIVE |
| 5 Aug 2022 | £579,690 | £581,250 | 163 ELMSLEIGH DRIVE |
| 17 Feb 2022 | £356,556 | £340,000 | 213 ELMSLEIGH DRIVE |
| 16 Sep 2021 | £355,606 | £330,000 | 259 ELMSLEIGH DRIVE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 4 Mar 2020. Using an estimated price of £344,830 means this house is valued at £3,789 per sq meter (£352 per sq foot).
The average size of a house on RAYLEIGH DRIVE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Oakview Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakview Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakview Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Close |