£555,901
This estimated value is based upon the latest sale price for the house of £380,000 on 12 Jun 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £380,000 | 12 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for SOUTHEND-ON-SEA was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £380,000 results in an estimated price of approximately £555,901.
| 12 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £380,000 | £175,901 | £555,901 |
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 | 30.733 % | £116,785 | £496,785 |
| 3 Month Average | 43.619 % | £165,752 | £545,752 |
| 6 Month Average | 47.905 % | £182,037 | £562,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £545,000 | £545,000 | 31 FERNLEIGH DRIVE |
| 14 Dec 2023 | £495,217 | £480,000 | 25 FERNLEIGH DRIVE |
| 17 Nov 2023 | £487,371 | £475,000 | 34 LANSDOWNE AVENUE |
| 3 Mar 2023 | £254,246 | £250,000 | 81 LEIGH ROAD |
| 18 Jan 2023 | £564,007 | £562,500 | 56 LANSDOWNE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 23 Oct 2014. Using an estimated price of £555,901 means this house is valued at £5,345 per sq meter (£496 per sq foot).
The average size of a house on LANSDOWNE AVENUE is 108 sq meters (1,167 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Lansdowne Avenue |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Leigh Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Leigh Road |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |