£469,452
This estimated value is based upon the latest sale price for the house of £380,000 on 30 Oct 2019. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
There has been one burglary within the last year on or near Fairmead Avenue
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| Price Paid | Date |
|---|---|
| £380,000 | 30 Oct 2019 |
| £172,995 | 27 Aug 2004 |
| £84,995 | 14 Jun 2000 |
| £63,500 | 20 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,161 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 October 2019 the House Price Index for SOUTHEND-ON-SEA was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £380,000 results in an estimated price of approximately £469,452.
| 30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £380,000 | £89,452 | £469,452 |
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 | 9.629 % | £36,589 | £416,589 |
| 3 Month Average | 6.151 % | £23,375 | £403,375 |
| 6 Month Average | 14.872 % | £56,513 | £436,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £74,155 | £74,155 | 114A FAIRMEAD AVENUE |
| 21 Jun 2024 | £342,000 | £342,000 | 95 FAIRMEAD AVENUE |
| 14 Dec 2023 | £248,640 | £241,000 | 152 FAIRMEAD AVENUE |
| 13 Sep 2023 | £281,199 | £275,000 | 85 HILDAVILLE DRIVE |
| 4 Aug 2023 | £371,704 | £365,000 | 90 WESTMINSTER DRIVE |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 12 Oct 2011. Using an estimated price of £469,452 means this house is valued at £4,351 per sq meter (£404 per sq foot).
The average size of a house on FAIRMEAD AVENUE is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairmead Avenue |
| Oct 2024 | Other crime | Under investigation | On or near Hildaville Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hildaville Drive |
| Sep 2024 | Anti-social behaviour | On or near Hildaville Drive | |
| Sep 2024 | Anti-social behaviour | On or near Hildaville Drive |