£330,969
This estimated value is based upon the latest sale price for the house of £325,000 on 2 Aug 2023. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £325,000 | 2 Aug 2023 |
| £60,000 | 23 Feb 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 August 2023 the House Price Index for SOUTHEND-ON-SEA was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £325,000 results in an estimated price of approximately £330,969.
| 2 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £325,000 | £5,969 | £330,969 |
The Postcode Pricing Model uses changes in average sales price within the SS1 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 | 68.373 % | £222,211 | £547,211 |
| 3 Month Average | 11.612 % | £37,738 | £362,738 |
| 6 Month Average | -1.251 % | £-4,066 | £320,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £282,453 | £280,000 | 1 FAIRWAYS WYATTS DRIVE |
| 2 Aug 2023 | £330,969 | £325,000 | 22 FAIRWAYS WYATTS DRIVE |
| 14 Apr 2023 | £749,010 | £735,000 | 21 THURLOW DRIVE |
| 23 Jan 2023 | £305,817 | £305,000 | 20 FAIRWAYS WYATTS DRIVE |
| 16 Sep 2022 | £1,199,199 | £1,200,000 | 70 WYATTS DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Jun 2015. Using an estimated price of £330,969 means this house is valued at £4,243 per sq meter (£394 per sq foot).
The average size of a house on WYATTS DRIVE is 128 sq meters (1,380 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Thurlow Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thurlow Drive |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorpe Hall Avenue |
| Jun 2024 | Public order | Under investigation | On or near Coptfold Close |