£375,926
This estimated value is based upon the latest sale price for the house of £305,000 on 24 Feb 2020. 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 Westminster Drive
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| Price Paid | Date |
|---|---|
| £305,000 | 24 Feb 2020 |
| £49,000 | 22 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2020 the House Price Index for SOUTHEND-ON-SEA was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £305,000 results in an estimated price of approximately £375,926.
| 24 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £305,000 | £70,926 | £375,926 |
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 | 16.470 % | £50,232 | £355,232 |
| 3 Month Average | 12.268 % | £37,418 | £342,418 |
| 6 Month Average | 15.215 % | £46,404 | £351,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £342,000 | £342,000 | 95 FAIRMEAD AVENUE |
| 4 Dec 2023 | £226,974 | £220,000 | 85 WESTMINSTER DRIVE |
| 4 Aug 2023 | £371,704 | £365,000 | 90 WESTMINSTER DRIVE |
| 3 Apr 2023 | £86,620 | £85,000 | FLAT 5 75 FAIRMEAD AVENUE |
| 17 Mar 2023 | £147,463 | £145,000 | 68B WESTMINSTER DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 10 Dec 2019. Using an estimated price of £375,927 means this house is valued at £3,999 per sq meter (£371 per sq foot).
The average size of a house on WESTMINSTER DRIVE is 78 sq meters (848 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Drive |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Westminster Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Westminster Drive |
| Sep 2024 | Possession of weapons | Awaiting court outcome | On or near Westminster Drive |