£228,067
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Feb 2007. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Wetherland
More crime details
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £140,000 | 5 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 February 2007 the House Price Index for ESSEX was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £140,000 results in an estimated price of approximately £228,067.
| 5 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £140,000 | £88,067 | £228,067 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | 2.749 % | £3,847 | £143,847 |
| 3 Month Average | 75.564 % | £105,789 | £245,789 |
| 6 Month Average | 76.146 % | £106,604 | £246,604 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £279,133 | £275,000 | 5 CROSS GREEN |
| 1 Sep 2023 | £284,893 | £281,250 | 36 THE KNARES |
| 31 Aug 2023 | £358,133 | £355,000 | 76 GREAT GREGORIE |
| 11 Aug 2023 | £292,559 | £290,000 | 9 CROSS GREEN |
| 3 Jul 2023 | £364,911 | £360,000 | 45 CROSS GREEN |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 5 Apr 2017. Using an estimated price of £228,068 means this house is valued at £3,167 per sq meter (£294 per sq foot).
The average size of a house on CROSS GREEN is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Wetherland |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wetherland |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wetherland |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Wetherland |
| Jan 2024 | Burglary | Unable to prosecute suspect | On or near Wetherland |