£128,020
This estimated value is based upon the latest sale price for the house of £73,500 on 3 Jul 2006. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £73,500 | 3 Jul 2006 |
| £30,000 | 8 May 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 25 sq meters or 269 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 2006 the House Price Index for SOUTHEND-ON-SEA was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £73,500 results in an estimated price of approximately £128,020.
| 3 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £73,500 | £54,520 | £128,020 |
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 | 107.328 % | £78,886 | £152,386 |
| 3 Month Average | 85.160 % | £62,592 | £136,092 |
| 6 Month Average | 94.522 % | £69,473 | £142,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £583,307 | £568,500 | 52 ELECTRIC AVENUE |
| 15 Nov 2022 | £398,138 | £400,000 | 62 NORTHVIEW DRIVE |
| 30 Sep 2022 | £269,820 | £270,000 | 63A NORTHVIEW DRIVE |
| 4 Apr 2022 | £233,420 | £225,000 | 66A SOUTHVIEW DRIVE |
| 29 Mar 2022 | £287,082 | £275,000 | 87 NORTHVIEW DRIVE |
This house has a floor area of 25 sq meters or 269 sq feet when measured on 4 Oct 2017. Using an estimated price of £128,020 means this house is valued at £5,120 per sq meter (£475 per sq foot).
The average size of a house on ELECTRIC AVENUE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Electric Avenue | |
| Aug 2024 | Other crime | Under investigation | On or near Electric Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Electric Avenue |