£346,505
This estimated value is based upon the latest sale price for the house of £282,000 on 22 Jan 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Somerville Gardens
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| Price Paid | Date |
|---|---|
| £282,000 | 22 Jan 2020 |
| £93,000 | 25 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £282,000 results in an estimated price of approximately £346,505.
| 22 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £282,000 | £64,505 | £346,505 |
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 | -11.921 % | £-33,616 | £248,383 |
| 3 Month Average | 19.733 % | £55,648 | £337,648 |
| 6 Month Average | 17.551 % | £49,493 | £331,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jan 2023 | £180,482 | £180,000 | 7A NELSON DRIVE |
| 16 Aug 2022 | £620,903 | £618,000 | 7 WOODFIELD ROAD |
| 3 Aug 2022 | £329,541 | £328,000 | 24A CARLTON DRIVE |
| 31 May 2022 | £434,315 | £423,000 | 4 HILLSIDE CRESCENT |
| 22 Apr 2022 | £311,227 | £300,000 | 188A LEIGH ROAD |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 8 Nov 2019. Using an estimated price of £346,505 means this house is valued at £2,389 per sq meter (£222 per sq foot).
The average size of a house on SOMERVILLE GARDENS is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerville Gardens |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Carlton Drive |
| May 2024 | Anti-social behaviour | On or near Carlton Drive | |
| May 2024 | Anti-social behaviour | On or near Carlton Drive | |
| May 2024 | Anti-social behaviour | On or near Carlton Drive |