£437,443
This estimated value is based upon the latest sale price for the house of £355,000 on 20 May 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 |
|---|---|
| £355,000 | 20 May 2020 |
| £302,000 | 8 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2020 the House Price Index for SOUTHEND-ON-SEA was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £355,000 results in an estimated price of approximately £437,443.
| 20 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £355,000 | £82,443 | £437,443 |
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 | 30.927 % | £109,790 | £464,790 |
| 3 Month Average | 9.295 % | £32,998 | £387,998 |
| 6 Month Average | 12.760 % | £45,298 | £400,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £534,643 | £525,000 | 41 KATHLEEN DRIVE |
| 5 Apr 2023 | £366,862 | £360,000 | 24 RECREATION AVENUE |
| 30 May 2022 | £272,088 | £265,000 | FLAT B1 RECREATION COURT, 11 - 13 RECREATION AVENUE |
| 29 Apr 2022 | £472,027 | £455,000 | 16 PAVILION DRIVE |
| 7 Apr 2022 | £182,586 | £176,000 | 1069A LONDON ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 24 Jul 2018. Using an estimated price of £437,443 means this house is valued at £4,604 per sq meter (£427 per sq foot).
The average size of a house on RECREATION AVENUE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Park Drive |