£319,946
This estimated value is based upon the latest sale price for the house of £260,000 on 22 Aug 2019. 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 |
---|---|
£260,000 | 22 Aug 2019 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £260,000 results in an estimated price of approximately £319,946.
22 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 148.6 | 23.056 % | £260,000 | £59,946 | £319,946 |
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 | -23.018 % | £-59,846 | £200,153 |
3 Month Average | -0.829 % | £-2,154 | £257,845 |
6 Month Average | 10.383 % | £26,996 | £286,996 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £140,000 | £140,000 | 112 SHEPESHALL |
11 Sep 2023 | £349,468 | £345,000 | 131 SHEPESHALL |
30 Jun 2023 | £313,801 | £310,000 | 106 SHEPESHALL |
8 Mar 2023 | £201,902 | £200,000 | 115 SHEPESHALL |
20 Jan 2023 | £367,121 | £368,850 | 52 SHEPESHALL |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Nov 2018. Using an estimated price of £319,947 means this house is valued at £3,594 per sq meter (£333 per sq foot).
The average size of a house on TRINDEHAY is 99 sq meters (1,070 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Under investigation | On or near Raleigh Drive |
Jan 2024 | Drugs | Local resolution | On or near Raleigh Drive |
Dec 2023 | Public order | Unable to prosecute suspect | On or near Raleigh Drive |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Trindehay |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Trindehay |