£714,424
This estimated value is based upon the latest sale price for the house of £625,000 on 2 Dec 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 |
|---|---|
| £625,000 | 2 Dec 2020 |
| £514,000 | 15 Sep 2017 |
| Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 December 2020 the House Price Index for SOUTHEND-ON-SEA was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £625,000 results in an estimated price of approximately £714,424.
| 2 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £625,000 | £89,424 | £714,424 |
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 | -10.271 % | £-64,193 | £560,806 |
| 3 Month Average | 11.795 % | £73,717 | £698,717 |
| 6 Month Average | 11.632 % | £72,702 | £697,702 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £560,606 | £550,000 | 54 DARLINGHURST GROVE |
| 24 Mar 2023 | £361,957 | £360,000 | 32 MANCHESTER DRIVE |
| 9 Aug 2022 | £496,644 | £500,000 | 43 GRASMEAD AVENUE |
| 8 Jul 2022 | £494,332 | £495,000 | 39 GRASMEAD AVENUE |
| 1 Apr 2022 | £538,462 | £525,000 | 15 DARLINGHURST GROVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 May 2017. Using an estimated price of £714,425 means this house is valued at £5,904 per sq meter (£548 per sq foot).
The average size of a house on GLENBERVIE DRIVE is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glenbervie Drive |
| Feb 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Glenbervie Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Darlinghurst Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Birchwood Drive |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Grasmead Avenue |