£243,575
This estimated value is based upon the latest sale price for the house of £140,000 on 24 May 2011. 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 Grasmead Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £140,000 | 24 May 2011 |
| Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2011 the House Price Index for SOUTHEND-ON-SEA was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.982%.Applying this 73.982% change to the original purchase price of £140,000 results in an estimated price of approximately £243,575.
| 24 May 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 73.982 % | £140,000 | £103,575 | £243,575 |
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 | 75.400 % | £105,560 | £245,560 |
| 3 Month Average | 81.373 % | £113,921 | £253,921 |
| 6 Month Average | 80.300 % | £112,419 | £252,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2024 | £410,000 | £410,000 | 27 GRASMEAD AVENUE |
| 12 Apr 2024 | £603,239 | £598,000 | 35 GRASMEAD AVENUE |
| 11 Nov 2022 | £19,907 | £20,000 | 19 GRANGE PARK DRIVE |
| 9 Aug 2022 | £502,349 | £500,000 | 43 GRASMEAD AVENUE |
| 8 Jul 2022 | £500,010 | £495,000 | 39 GRASMEAD AVENUE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 Apr 2012. Using an estimated price of £243,575 means this house is valued at £2,832 per sq meter (£263 per sq foot).
The average size of a house on GRASMEAD AVENUE is 107 sq meters (1,160 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Grasmead Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenbervie Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenbervie Drive |