£214,161
This estimated value is based upon the latest sale price for the house of £38,000 on 28 Feb 1996. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £38,000 | 28 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 February 1996 the House Price Index for SOUTHEND-ON-SEA was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.584%.Applying this 463.584% change to the original purchase price of £38,000 results in an estimated price of approximately £214,161.
| 28 Feb 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 463.584 % | £38,000 | £176,161 | £214,161 |
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 | 506.421 % | £192,439 | £230,439 |
| 3 Month Average | 624.037 % | £237,134 | £275,134 |
| 6 Month Average | 617.661 % | £234,711 | £272,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £172,555 | £170,000 | 28 RAYLEIGH DRIVE |
| 16 Jun 2023 | £416,040 | £411,000 | 81 WOODLEIGH AVENUE |
| 5 May 2022 | £382,202 | £375,000 | 31 WOODLEIGH AVENUE |
| 30 Mar 2022 | £310,879 | £300,000 | 50 FLEMMING CRESCENT |
| 22 Dec 2021 | £343,912 | £321,000 | 66 WOODLEIGH AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 8 Mar 2013. Using an estimated price of £214,162 means this house is valued at £3,244 per sq meter (£301 per sq foot).
The average size of a house on RAYLEIGH DRIVE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rayleigh Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodleigh Avenue |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Woodleigh Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodleigh Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Close |