£1,831,599
This estimated value is based upon the latest sale price for the house of £1,790,000 on 19 Oct 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Belfairs Drive
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| Price Paid | Date |
|---|---|
| £1,790,000 | 19 Oct 2023 |
| £350,000 | 1 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 2023 the House Price Index for SOUTHEND-ON-SEA was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £1,790,000 results in an estimated price of approximately £1,831,599.
| 19 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £1,790,000 | £41,599 | £1,831,599 |
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 | -18.556 % | £-332,145 | £1,457,854 |
| 3 Month Average | 3.555 % | £63,642 | £1,853,642 |
| 6 Month Average | 3.536 % | £63,291 | £1,853,291 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £482,969 | £472,000 | 1222 LONDON ROAD |
| 19 Oct 2023 | £1,831,599 | £1,790,000 | 6 BELFAIRS CLOSE |
| 1 Sep 2023 | £426,400 | £417,000 | 1214 LONDON ROAD |
| 18 Aug 2023 | £330,969 | £325,000 | FLAT 2 STEPHEN COURT, 26 LIME AVENUE |
| 17 Aug 2023 | £248,482 | £244,000 | FLAT 5 1369 LONDON ROAD |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 11 Apr 2013. Using an estimated price of £1,831,599 means this house is valued at £7,761 per sq meter (£721 per sq foot).
The average size of a house on BELFAIRS CLOSE is 317 sq meters (3,417 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Belfairs Drive |
| Jul 2024 | Vehicle crime | Under investigation | On or near Belfairs Drive |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belfairs Drive |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Belfairs Drive |
| Apr 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Belfairs Drive |