£543,576
This estimated value is based upon the latest sale price for the house of £440,000 on 31 Oct 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £440,000 | 31 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 October 2019 the House Price Index for SOUTHEND-ON-SEA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £440,000 results in an estimated price of approximately £543,576.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £440,000 | £103,576 | £543,576 |
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 | 1.914 % | £8,421 | £448,421 |
| 3 Month Average | 6.507 % | £28,630 | £468,630 |
| 6 Month Average | 8.381 % | £36,875 | £476,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 11 Nov 2022 | £19,907 | £20,000 | 19 GRANGE PARK DRIVE |
| 9 Aug 2022 | £502,349 | £500,000 | 43 GRASMEAD AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 24 May 2019. Using an estimated price of £543,576 means this house is valued at £5,603 per sq meter (£520 per sq foot).
The average size of a house on GLENBERVIE DRIVE is 99 sq meters (1,070 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenbervie Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Glenbervie Drive |