£233,419
This estimated value is based upon the latest sale price for the house of £225,000 on 4 Apr 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 |
---|---|
£225,000 | 4 Apr 2022 |
£165,000 | 23 Aug 2019 |
£117,500 | 26 Aug 2016 |
£45,000 | 8 Mar 2002 |
£35,000 | 28 Sep 1999 |
£16,500 | 9 Aug 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 47 sq meters or 505 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 April 2022 the House Price Index for SOUTHEND-ON-SEA was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £225,000 results in an estimated price of approximately £233,419.
4 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £225,000 | £8,419 | £233,419 |
The Postcode Pricing Model uses changes in average sales price within the SS0 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 | 19.302 % | £43,430 | £268,430 |
3 Month Average | -2.480 % | £-5,579 | £219,420 |
6 Month Average | -0.445 % | £-1,000 | £223,999 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £410,418 | £400,000 | 59 SOUTHVIEW DRIVE |
7 Nov 2023 | £128,256 | £125,000 | 67A SOUTHVIEW DRIVE |
3 Nov 2023 | £583,307 | £568,500 | 52 ELECTRIC AVENUE |
25 Jan 2023 | £387,034 | £386,000 | 87 TINTERN AVENUE |
22 Sep 2022 | £369,753 | £370,000 | 75 SOUTHVIEW DRIVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 30 Jul 2019. Using an estimated price of £233,420 means this house is valued at £4,966 per sq meter (£461 per sq foot).
The average size of a house on SOUTHVIEW DRIVE is 84 sq meters (907 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Electric Avenue | |
Aug 2024 | Other crime | Under investigation | On or near Electric Avenue |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Electric Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Southview Drive |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Southview Drive |