£1,013,129
This estimated value is based upon the latest sale price for the house of £820,000 on 8 Nov 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 |
|---|---|
| £820,000 | 8 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 235 sq meters or 2,529 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 November 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 23.552%.Applying this 23.552% change to the original purchase price of £820,000 results in an estimated price of approximately £1,013,129.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £820,000 | £193,129 | £1,013,129 |
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 | 8.261 % | £67,738 | £887,738 |
| 3 Month Average | 18.046 % | £147,976 | £967,976 |
| 6 Month Average | 15.964 % | £130,906 | £950,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £229,642 | £225,500 | 30 LEIGH HEATH COURT LONDON ROAD |
| 4 Nov 2022 | £527,533 | £530,000 | 25 WALKER DRIVE |
| 19 Jul 2022 | £308,087 | £305,000 | 4 LEIGH HEATH COURT LONDON ROAD |
| 18 Jul 2022 | £252,530 | £250,000 | 23 LEIGH HEATH COURT LONDON ROAD |
| 7 Apr 2022 | £544,647 | £525,000 | 48 OLIVE AVENUE |
This house has a floor area of 235 sq meters or 2,529 sq feet when measured on 3 Jun 2019. Using an estimated price of £1,013,130 means this house is valued at £4,311 per sq meter (£400 per sq foot).
The average size of a house on OLIVE AVENUE is 109 sq meters (1,176 sq feet).
This house is the largest in the street with a floor area of 235 sq meters (2,529 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Olive Avenue | |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Olive Avenue |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Olive Avenue |
| Apr 2024 | Other crime | Action to be taken by another organisation | On or near Olive Avenue |
| Apr 2024 | Other crime | Further action is not in the public interest | On or near Olive Avenue |