£493,013
This estimated value is based upon the latest sale price for the house of £339,995 on 14 Jul 2015. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £339,995 | 14 Jul 2015 |
| £91,500 | 26 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 2015 the House Price Index for SOUTHEND-ON-SEA was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £339,995 results in an estimated price of approximately £493,013.
| 14 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £339,995 | £153,018 | £493,013 |
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 | -2.159 % | £-7,341 | £332,653 |
| 3 Month Average | 37.124 % | £126,218 | £466,213 |
| 6 Month Average | 43.182 % | £146,817 | £486,812 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £539,001 | £530,000 | 23 CRICKETFIELD GROVE |
| 30 Aug 2022 | £648,030 | £645,000 | 31 CRICKETFIELD GROVE |
| 27 Jul 2022 | £535,364 | £530,000 | 63 OLIVIA DRIVE |
| 10 Jun 2022 | £470,048 | £460,000 | 79 CHELTENHAM DRIVE |
| 7 Apr 2022 | £549,834 | £530,000 | 33 OLIVIA DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Jan 2015. Using an estimated price of £493,014 means this house is valued at £4,740 per sq meter (£440 per sq foot).
The average size of a house on CHELTENHAM DRIVE is 96 sq meters (1,037 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Olivia Drive |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Olivia Drive |
| Jul 2024 | Robbery | Under investigation | On or near Clova Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Clova Road |
| May 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Clova Road |