£374,508
This estimated value is based upon the latest sale price for the house of £373,500 on 20 Jul 2022. 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 Menzies Avenue
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
Price Paid | Date |
---|---|
£373,500 | 20 Jul 2022 |
£154,000 | 16 Dec 2002 |
Terraced |
Freehold |
Floor Area: 116 sq meters or 1,250 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 July 2022 the House Price Index for ESSEX was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £373,500 results in an estimated price of approximately £374,508.
20 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £373,500 | £1,008 | £374,508 |
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 | -32.151 % | £-120,084 | £253,415 |
3 Month Average | -3.740 % | £-13,970 | £359,529 |
6 Month Average | 1.738 % | £6,492 | £379,992 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £320,610 | £315,000 | 48 MENZIES AVENUE |
28 Jul 2023 | £344,638 | £340,000 | 83 MENZIES AVENUE |
14 Jul 2023 | £299,025 | £295,000 | 16 FRASER CLOSE |
30 Mar 2023 | £307,901 | £305,000 | 57 FRASER CLOSE |
27 Mar 2023 | £325,567 | £322,500 | 41 FRASER CLOSE |
This house has a floor area of 116 sq meters or 1,250 sq feet when measured on 6 Sep 2009. Using an estimated price of £374,508 means this house is valued at £3,222 per sq meter (£299 per sq foot).
The average size of a house on MENZIES AVENUE is 67 sq meters (725 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,250 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Menzies Avenue |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Menzies Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Menzies Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Menzies Avenue |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Fraser Close |