£265,357
This estimated value is based upon the latest sale price for the house of £262,500 on 13 Apr 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 |
---|---|
£262,500 | 13 Apr 2023 |
£55,000 | 22 Mar 1999 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 April 2023 the House Price Index for SOUTHEND-ON-SEA was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £262,500 results in an estimated price of approximately £265,357.
13 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £262,500 | £2,857 | £265,357 |
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 | 36.979 % | £97,069 | £359,569 |
3 Month Average | -15.613 % | £-40,983 | £221,516 |
6 Month Average | -6.569 % | £-17,243 | £245,256 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Apr 2023 | £265,357 | £262,500 | 42 GAINSBOROUGH DRIVE |
30 Jun 2022 | £398,126 | £392,500 | 23 GAINSBOROUGH DRIVE |
24 Jun 2022 | £355,017 | £350,000 | 21 GAINSBOROUGH DRIVE |
20 Aug 2021 | £200,811 | £180,000 | 29A SHAKESPEARE DRIVE |
25 Jun 2021 | £306,856 | £286,000 | 1 SHAKESPEARE DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 14 Nov 2019. Using an estimated price of £265,357 means this house is valued at £3,159 per sq meter (£293 per sq foot).
The average size of a house on GAINSBOROUGH DRIVE is 77 sq meters (833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Shakespeare Drive | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Drive |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Drive |
Feb 2024 | Public order | Under investigation | On or near Shakespeare Drive |