61, DREWSTEIGNTON, SHOEBURYNESS, SOUTHEND-ON-SEA, SS3 8BA - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

61 DREWSTEIGNTON is a large flat of 63m², built sometime between 1991 and 1995, which could now be worth an estimated £262,278. It was last sold for £275,000 in April 2022, which was around 31% above the average April 2022 flat price in the Southend-on-Sea local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

61 DREWSTEIGNTON Sold Prices

Land registry data shows three sales for 61 DREWSTEIGNTON since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Southend-on-Sea local authority area for the corresponding sale date. All of the three 61 DREWSTEIGNTON sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 28 APR	£275,000	£209,460	31% above HPI
2010 11 JUN	£130,000	£121,792	7% above HPI
1999 29 JAN	£58,000	£42,400	37% above HPI

What might 61 DREWSTEIGNTON be worth now?

61 DREWSTEIGNTON might now be worth an estimated £262,278.

This is based on house price deflation of 4.6%, between April 2022 and May 2026, for flats, in the Southend-on-Sea local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% deflationary decrease is applied to the most recent sale price for 61 DREWSTEIGNTON of £275,000 on 28th April 2022. For the value to have decreased from £275,000 to £262,278 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 61 DREWSTEIGNTON has moved in line with the HPI for flats in the Southend-on-Sea local authority area.
• The April 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 61 DREWSTEIGNTON has not materially changed since April 2022.

How Large is 61 DREWSTEIGNTON?

61 DREWSTEIGNTON is 63m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of flats in Shoeburyness, based on EPC data. 63% of flats are smaller than 61 DREWSTEIGNTON, and 35% of flats are larger. Note that EPC data is not available for all properties in Shoeburyness.

61 DREWSTEIGNTON: Plot

61 DREWSTEIGNTON sits on a plot of roughly 0.011 of an acre, or 43m².

Where is 61 DREWSTEIGNTON?

61 DREWSTEIGNTON is located in SHOEBURYNESS, in the SS3 postcode district.