£321,815
This estimated value is based upon the latest sale price for the house of £200,000 on 28 Jan 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £200,000 | 28 Jan 2014 |
| £184,995 | 12 Aug 2011 |
| £165,000 | 3 Dec 2009 |
| £60,000 | 1 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 2014 the House Price Index for SOUTHEND-ON-SEA was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £200,000 results in an estimated price of approximately £321,815.
| 28 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 149.7 | 60.908 % | £200,000 | £121,815 | £321,815 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 72.681 % | £145,361 | £345,361 |
| 3 Month Average | 56.620 % | £113,239 | £313,239 |
| 6 Month Average | 63.022 % | £126,044 | £326,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 96 ELECTRIC AVENUE |
| 28 Jun 2023 | £175,517 | £172,000 | 106 ELECTRIC AVENUE |
| 5 Jan 2023 | £344,420 | £343,500 | 122 NORTHVIEW DRIVE |
| 24 Nov 2022 | £294,621 | £295,999 | 99 ELECTRIC AVENUE |
| 22 Nov 2022 | £69,674 | £70,000 | 144 SOUTHVIEW DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 7 Sep 2013. Using an estimated price of £321,815 means this house is valued at £3,831 per sq meter (£355 per sq foot).
The average size of a house on ELECTRIC AVENUE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Southview Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Southview Drive |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Southview Drive |
| Aug 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southview Drive |
| Jul 2024 | Other crime | Under investigation | On or near Southview Drive |