£866,788
This estimated value is based upon the latest sale price for the house of £730,000 on 29 Sep 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 |
|---|---|
| £730,000 | 29 Sep 2020 |
| £205,000 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,228 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 2020 the House Price Index for SOUTHEND-ON-SEA was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £730,000 results in an estimated price of approximately £866,788.
| 29 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £730,000 | £136,788 | £866,788 |
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 | -9.581 % | £-69,943 | £660,056 |
| 3 Month Average | 11.959 % | £87,303 | £817,303 |
| 6 Month Average | 13.008 % | £94,957 | £824,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £437,658 | £430,000 | 52 HENRY DRIVE |
| 4 Nov 2022 | £523,657 | £530,000 | 25 WALKER DRIVE |
| 25 Aug 2022 | £573,456 | £575,000 | 24 WALKER DRIVE |
| 30 Nov 2021 | £475,866 | £440,000 | 2 TENNYSON CLOSE |
| 9 Sep 2021 | £566,275 | £525,500 | 60 BRAEMAR CRESCENT |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 11 Mar 2020. Using an estimated price of £866,788 means this house is valued at £4,187 per sq meter (£389 per sq foot).
The average size of a house on WALKER DRIVE is 142 sq meters (1,533 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Walker Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Braemar Crescent |
| Feb 2024 | Burglary | Under investigation | On or near Braemar Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hamilton Close |