£697,926
This estimated value is based upon the latest sale price for the house of £565,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £565,000 | 15 Feb 2019 |
| £212,500 | 21 Dec 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2019 the House Price Index for SOUTHEND-ON-SEA was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £565,000 results in an estimated price of approximately £697,926.
| 15 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £565,000 | £132,926 | £697,926 |
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 | 15.173 % | £85,725 | £650,725 |
| 3 Month Average | 6.818 % | £38,520 | £603,520 |
| 6 Month Average | 16.075 % | £90,824 | £655,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £131,774 | £130,000 | 7 VICTORIA DRIVE |
| 16 Jun 2022 | £152,150 | £150,000 | 10 HAVENGORE HOUSE ELM ROAD |
| 13 May 2022 | £280,281 | £275,000 | 19A VICTORIA DRIVE |
| 22 Feb 2022 | £227,567 | £217,000 | 18 HAVENGORE HOUSE ELM ROAD |
| 14 Feb 2022 | £272,661 | £260,000 | 24A VICTORIA DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 7 Nov 2018. Using an estimated price of £697,927 means this house is valued at £5,495 per sq meter (£510 per sq foot).
The average size of a house on ELM ROAD is 87 sq meters (945 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Victoria Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Elm Road |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Elm Road |