£347,734
This estimated value is based upon the latest sale price for the house of £283,000 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £283,000 | 31 Jan 2020 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 January 2020 the House Price Index for SOUTHEND-ON-SEA was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £283,000 results in an estimated price of approximately £347,734.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £283,000 | £64,734 | £347,734 |
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 | 6.889 % | £19,494 | £302,494 |
| 3 Month Average | 18.683 % | £52,873 | £335,873 |
| 6 Month Average | 12.410 % | £35,119 | £318,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Sep 2024 | £250,000 | £250,000 | 28 SURREY AVENUE |
| 23 May 2024 | £325,000 | £325,000 | 8 KENT AVENUE |
| 19 Mar 2024 | £340,227 | £335,000 | 17 MANCHESTER DRIVE |
| 24 Mar 2023 | £366,114 | £360,000 | 32 MANCHESTER DRIVE |
| 27 Jan 2023 | £541,447 | £540,000 | 63 GLENBERVIE DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 Jul 2019. Using an estimated price of £347,734 means this house is valued at £4,293 per sq meter (£398 per sq foot).
The average size of a house on MANCHESTER DRIVE is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Norfolk Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Norfolk Avenue |
| Aug 2024 | Anti-social behaviour | On or near Norfolk Avenue |