£334,351
This estimated value is based upon the latest sale price for the house of £270,501 on 3 Sep 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 Oakwood Avenue
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| Price Paid | Date |
|---|---|
| £270,501 | 3 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 £270,501 results in an estimated price of approximately £334,351.
| 3 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £270,501 | £63,850 | £334,351 |
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 | 30.643 % | £82,888 | £353,389 |
| 3 Month Average | 3.468 % | £9,381 | £279,882 |
| 6 Month Average | 18.100 % | £48,961 | £319,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £543,804 | £530,000 | 51 OAKWOOD AVENUE |
| 20 Sep 2023 | £511,271 | £500,000 | 43B BRIARWOOD DRIVE |
| 23 Jun 2023 | £433,691 | £425,000 | 15 ABBOTTS CLOSE |
| 14 Apr 2023 | £444,310 | £436,000 | 47 BRIARWOOD DRIVE |
| 3 Jan 2023 | £1,754,688 | £1,750,000 | UNIT 4 AIRBORNE INDUSTRIAL ESTATE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 19 Aug 2019. Using an estimated price of £334,352 means this house is valued at £5,481 per sq meter (£509 per sq foot).
The average size of a house on ABBOTTS CLOSE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Jun 2024 | Vehicle crime | Under investigation | On or near Oakwood Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Airborne Close |
| Aug 2024 | Criminal damage and arson | Awaiting court outcome | On or near Airborne Close |