£386,944
This estimated value is based upon the latest sale price for the house of £320,000 on 31 Jul 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 |
---|---|
£320,000 | 31 Jul 2020 |
£280,000 | 22 Feb 2019 |
£135,000 | 18 Feb 2005 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 936 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 2020 the House Price Index for ESSEX was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £320,000 results in an estimated price of approximately £386,944.
31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.6 | 20.920 % | £320,000 | £66,944 | £386,944 |
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 | -32.344 % | £-103,502 | £216,497 |
3 Month Average | -2.451 % | £-7,844 | £312,155 |
6 Month Average | 7.949 % | £25,435 | £345,435 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £416,161 | £410,000 | 69 VICTORIA ROAD |
4 Apr 2023 | £322,472 | £319,000 | 108 MERRYLANDS |
30 Mar 2023 | £328,091 | £325,000 | 127 VICTORIA ROAD |
24 Mar 2023 | £484,565 | £480,000 | 86 WORTHING ROAD |
30 Jan 2023 | £557,374 | £560,000 | 82 RAILWAY APPROACH |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Sep 2012. Using an estimated price of £386,945 means this house is valued at £4,447 per sq meter (£413 per sq foot).
The average size of a house on RAILWAY APPROACH is 111 sq meters (1,198 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Railway Approach |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Railway Approach |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Railway Mews |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Victoria Road |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Road |