£240,033
This estimated value is based upon the latest sale price for the house of £62,995 on 26 May 2000. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £62,995 | 26 May 2000 |
| £40,000 | 10 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 May 2000 the House Price Index for SOUTHEND-ON-SEA was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £62,995 results in an estimated price of approximately £240,033.
| 26 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £62,995 | £177,038 | £240,033 |
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 | 257.818 % | £162,412 | £225,407 |
| 3 Month Average | 347.519 % | £218,919 | £281,914 |
| 6 Month Average | 361.192 % | £227,533 | £290,528 |
| 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 |
| 30 Mar 2022 | £438,452 | £420,000 | 26 CHELTENHAM DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 14 Jul 2021. Using an estimated price of £240,034 means this house is valued at £3,692 per sq meter (£343 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 | Robbery | Under investigation | On or near Clova Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clova Road |