£850,100
This estimated value is based upon the latest sale price for the house of £549,000 on 11 Jun 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 |
|---|---|
| £549,000 | 11 Jun 2014 |
| £125,000 | 23 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,257 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 June 2014 the House Price Index for SOUTHEND-ON-SEA was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £549,000 results in an estimated price of approximately £850,100.
| 11 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £549,000 | £301,100 | £850,100 |
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 | 40.303 % | £221,265 | £770,265 |
| 3 Month Average | 62.831 % | £344,942 | £893,942 |
| 6 Month Average | 72.733 % | £399,306 | £948,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £319,915 | £315,000 | FLAT 7 GRAND LODGE, 40 GRAND DRIVE |
| 4 Mar 2024 | £307,322 | £302,600 | 2 GRAND COURT WEST |
| 28 Nov 2023 | £333,465 | £325,000 | 9 GRAND COURT WEST |
| 1 Sep 2023 | £363,002 | £355,000 | FLAT 13 GRAND LODGE, 40 GRAND DRIVE |
| 23 Jun 2023 | £459,202 | £450,000 | 58B LEIGH CLIFF ROAD |
This house has a floor area of 116 sq meters or 1,257 sq feet when measured on 29 Sep 2010. Using an estimated price of £850,101 means this house is valued at £7,277 per sq meter (£676 per sq foot).
The average size of a house on GRAND DRIVE is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grand Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen'S Road |
| May 2024 | Anti-social behaviour | On or near Queen'S Road | |
| May 2024 | Anti-social behaviour | On or near Queen'S Road |