£272,128
This estimated value is based upon the latest sale price for the house of £233,000 on 13 Nov 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
Price Paid | Date |
---|---|
£233,000 | 13 Nov 2020 |
Terraced |
Freehold |
Floor Area: 83 sq meters or 893 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in November 2020 the House Price Index for ESSEX was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £233,000 results in an estimated price of approximately £272,128.
13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £233,000 | £39,128 | £272,128 |
The Postcode Pricing Model uses changes in average sales price within the SS15 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 | -18.240 % | £-42,499 | £190,500 |
3 Month Average | 3.285 % | £7,653 | £240,653 |
6 Month Average | 0.787 % | £1,833 | £234,833 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Nov 2021 | £261,485 | £240,000 | 73 GREAT OXCROFT |
11 Dec 2020 | £346,863 | £300,000 | 84 GREAT OXCROFT |
13 Nov 2020 | £272,129 | £233,000 | 25 ARABIS PLACE |
22 Jan 2020 | £319,473 | £260,000 | 36 WISTERIA COURT |
8 Jan 2020 | £288,755 | £235,000 | 32 LOBELIA MEWS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Jul 2020. Using an estimated price of £272,129 means this house is valued at £3,278 per sq meter (£304 per sq foot).
The average size of a house on ARABIS PLACE is 132 sq meters (1,420 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Verbena Gardens |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Verbena Gardens |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Verbena Gardens |
Apr 2024 | Anti-social behaviour | On or near Verbena Gardens | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Verbena Gardens |