£292,043
This estimated value is based upon the latest sale price for the house of £52,000 on 8 Jul 1996. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £52,000 | 8 Jul 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 1996 the House Price Index for SOUTHEND-ON-SEA was 26.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 461.621%.Applying this 461.621% change to the original purchase price of £52,000 results in an estimated price of approximately £292,043.
| 8 Jul 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.7 | 149.7 | 461.621 % | £52,000 | £240,043 | £292,043 |
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 | 484.572 % | £251,977 | £303,977 |
| 3 Month Average | 583.195 % | £303,261 | £355,261 |
| 6 Month Average | 601.796 % | £312,933 | £364,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £613,939 | £599,995 | 9 FAIRLEIGH DRIVE |
| 30 Aug 2023 | £264,775 | £260,000 | FLAT 1 76 FAIRLEIGH DRIVE |
| 6 Apr 2023 | £473,863 | £465,000 | 51 FAIRLEIGH DRIVE |
| 31 May 2022 | £672,521 | £655,000 | 22 FAIRLEIGH DRIVE |
| 27 May 2022 | £518,508 | £505,000 | 50 FAIRLEIGH DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 Aug 2021. Using an estimated price of £292,043 means this house is valued at £3,140 per sq meter (£291 per sq foot).
The average size of a house on FAIRLEIGH DRIVE is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fairleigh Drive |
| Jun 2024 | Criminal damage and arson | Offender given a caution | On or near Glendale Gardens |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Glendale Gardens |
| Apr 2024 | Vehicle crime | Under investigation | On or near Glendale Gardens |
| Jul 2024 | Drugs | Local resolution | On or near Southsea Avenue |