£502,399
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 Apr 2024 is 148.0 which is a change of 54.585%.Applying this 54.585% change to the original purchase price of £325,000 results in an estimated price of approximately £502,399.
5 Dec 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 148.0 | 54.585 % | £325,000 | £177,399 | £502,399 |
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 | 42.555 % | £138,304 | £463,304 |
3 Month Average | 75.081 % | £244,013 | £569,013 |
6 Month Average | 72.962 % | £237,125 | £562,125 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £438,292 | £430,000 | 52 HENRY DRIVE |
3 Jul 2023 | £100,955 | £100,000 | 5 COTTESMORE COURT LONDON ROAD |
24 Oct 2022 | £275,899 | £280,000 | 1532A LONDON ROAD |
25 Aug 2022 | £571,141 | £575,000 | 24 WALKER DRIVE |
20 Jun 2022 | £257,611 | £255,000 | 6 COTTESMORE COURT LONDON ROAD |
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 £502,400 means this house is valued at £4,446 per sq meter (£413 per sq foot).
The average size of a house on OLIVE AVENUE is 109 sq meters (1,176 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other crime | Under investigation | On or near Olive Avenue |
Apr 2024 | Other crime | Further action is not in the public interest | On or near Olive Avenue |
Apr 2024 | Other crime | Under investigation | On or near Olive Avenue |
Apr 2024 | Other crime | Under investigation | On or near Olive Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olive Avenue |