£239,889
This estimated value is based upon the latest sale price for the house of £86,000 on 19 Jul 2002. 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 Southsea Mews
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| Price Paid | Date |
|---|---|
| £86,000 | 19 Jul 2002 |
| £57,995 | 7 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 July 2002 the House Price Index for SOUTHEND-ON-SEA was 53.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 178.941%.Applying this 178.941% change to the original purchase price of £86,000 results in an estimated price of approximately £239,889.
| 19 Jul 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 148.0 | 178.941 % | £86,000 | £153,889 | £239,889 |
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 | 146.110 % | £125,654 | £211,654 |
| 3 Month Average | 208.876 % | £179,633 | £265,633 |
| 6 Month Average | 212.089 % | £182,396 | £268,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £331,267 | £325,000 | 1 SOUTHSEA MEWS |
| 30 Aug 2023 | £261,591 | £260,000 | FLAT 1 76 FAIRLEIGH DRIVE |
| 8 Aug 2023 | £402,447 | £400,000 | 6 SOUTHSEA MEWS |
| 6 Apr 2023 | £468,482 | £465,000 | 51 FAIRLEIGH DRIVE |
| 31 May 2022 | £664,883 | £655,000 | 22 FAIRLEIGH DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 10 Nov 2021. Using an estimated price of £239,890 means this house is valued at £5,330 per sq meter (£495 per sq foot).
The average size of a house on FAIRLEIGH DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Mews |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southsea Mews |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southsea Mews |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Southsea Mews |
| Feb 2024 | Public order | Under investigation | On or near Southsea Mews |