£508,170
This estimated value is based upon the latest sale price for the house of £325,000 on 5 Dec 2007. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 5 Dec 2007 |
| £250,000 | 30 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 December 2007 the House Price Index for SOUTHEND-ON-SEA was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £325,000 results in an estimated price of approximately £508,170.
| 5 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.7 | 149.7 | 56.360 % | £325,000 | £183,170 | £508,170 |
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 | 71.507 % | £232,397 | £557,397 |
| 3 Month Average | 69.774 % | £226,764 | £551,764 |
| 6 Month Average | 70.255 % | £228,329 | £553,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £443,632 | £430,000 | 52 HENRY DRIVE |
| 29 Sep 2023 | £224,959 | £220,000 | 8 COTTESMORE COURT LONDON ROAD |
| 14 Apr 2023 | £203,812 | £200,000 | 1540B LONDON ROAD |
| 24 Oct 2022 | £279,068 | £280,000 | 1532A LONDON ROAD |
| 25 Aug 2022 | £577,701 | £575,000 | 24 WALKER DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 18 Jan 2013. Using an estimated price of £508,171 means this house is valued at £4,497 per sq meter (£417 per sq foot).
The average size of a house on OLIVE AVENUE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |