£535,364
This estimated value is based upon the latest sale price for the house of £530,000 on 27 Jul 2022. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £530,000 | 27 Jul 2022 |
| £245,000 | 12 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2022 the House Price Index for SOUTHEND-ON-SEA was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £530,000 results in an estimated price of approximately £535,364.
| 27 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £530,000 | £5,364 | £535,364 |
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 | -21.551 % | £-114,221 | £415,778 |
| 3 Month Average | -0.626 % | £-3,315 | £526,684 |
| 6 Month Average | -0.337 % | £-1,786 | £528,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £644,814 | £625,000 | 36 SCARBOROUGH DRIVE |
| 27 Jul 2022 | £535,364 | £530,000 | 63 OLIVIA DRIVE |
| 10 Jun 2022 | £470,048 | £460,000 | 79 CHELTENHAM DRIVE |
| 7 Apr 2022 | £549,834 | £530,000 | 33 OLIVIA DRIVE |
| 15 Nov 2021 | £639,548 | £587,000 | 21 SCARBOROUGH DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 24 Aug 2013. Using an estimated price of £535,364 means this house is valued at £4,957 per sq meter (£460 per sq foot).
The average size of a house on OLIVIA DRIVE is 101 sq meters (1,088 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Olivia Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Olivia Drive |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Scarborough Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clova Road |
| Jul 2024 | Robbery | Under investigation | On or near Clova Road |