£300,723
This estimated value is based upon the latest sale price for the house of £295,300 on 11 Aug 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£295,300 | 11 Aug 2023 |
£186,995 | 20 Nov 2015 |
£72,500 | 17 May 2002 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 August 2023 the House Price Index for SOUTHEND-ON-SEA was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £295,300 results in an estimated price of approximately £300,723.
11 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £295,300 | £5,423 | £300,723 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 61.191 % | £180,697 | £475,997 |
3 Month Average | -6.581 % | £-19,433 | £275,866 |
6 Month Average | 2.712 % | £8,009 | £303,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £190,865 | £185,000 | 118 RONALD PARK AVENUE |
1 Dec 2023 | £156,819 | £152,000 | 128A TINTERN AVENUE |
25 Aug 2023 | £432,806 | £425,000 | 102 RONALD PARK AVENUE |
11 Aug 2023 | £300,724 | £295,300 | 407 FAIRFAX DRIVE |
14 Apr 2023 | £295,528 | £290,000 | 403 FAIRFAX DRIVE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Jun 2015. Using an estimated price of £300,724 means this house is valued at £5,370 per sq meter (£498 per sq foot).
The average size of a house on FAIRFAX DRIVE is 70 sq meters (759 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Further/Higher Educational Building |
Oct 2024 | Other crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Jul 2024 | Possession of weapons | Offender given a caution | On or near Further/Higher Educational Building |