£389,354
This estimated value is based upon the latest sale price for the house of £315,000 on 9 Sep 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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Price Paid | Date |
---|---|
£315,000 | 9 Sep 2019 |
£286,000 | 8 Aug 2017 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 September 2019 the House Price Index for SOUTHEND-ON-SEA was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £315,000 results in an estimated price of approximately £389,354.
9 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.605 % | £315,000 | £74,354 | £389,354 |
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 | 3.220 % | £10,143 | £325,143 |
3 Month Average | 3.619 % | £11,399 | £326,399 |
6 Month Average | 20.965 % | £66,040 | £381,040 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 May 2024 | £397,500 | £397,500 | 43 FAIRFIELD ROAD |
18 Dec 2023 | £479,742 | £465,000 | 8 THE SPINNEYS |
6 Dec 2023 | £299,194 | £290,000 | 91 FAIRFIELD ROAD |
21 Nov 2023 | £384,767 | £375,000 | 76 FAIRFIELD GARDENS |
25 Feb 2022 | £345,462 | £327,000 | 12 FAIRFIELD GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 11 Mar 2017. Using an estimated price of £389,355 means this house is valued at £6,083 per sq meter (£565 per sq foot).
The average size of a house on FAIRFIELD ROAD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairfield Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paddock Close |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paddock Close |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Spinneys |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kendal Way |