£266,967
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for SOUTHEND-ON-SEA 1
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| Price Paid | Date |
|---|---|
| £175,000 | 29 Aug 2014 |
| £145,000 | 9 Nov 2011 |
| £47,995 | 11 Jul 1997 |
| Flats/Maisonettes |
| Leasehold |
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 2014 the House Price Index for SOUTHEND-ON-SEA was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £175,000 results in an estimated price of approximately £266,967.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £175,000 | £91,967 | £266,967 |
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 | 50.850 % | £88,987 | £263,987 |
| 3 Month Average | 50.587 % | £88,527 | £263,527 |
| 6 Month Average | 57.079 % | £99,887 | £274,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £534,643 | £525,000 | 41 KATHLEEN DRIVE |
| 5 Apr 2023 | £366,862 | £360,000 | 24 RECREATION AVENUE |
| 30 May 2022 | £272,088 | £265,000 | FLAT B1 RECREATION COURT, 11 - 13 RECREATION AVENUE |
| 29 Apr 2022 | £472,027 | £455,000 | 16 PAVILION DRIVE |
| 7 Apr 2022 | £182,586 | £176,000 | 1069A LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Recreation Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Park Drive |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grange Park Drive |