£310,923
This estimated value is based upon the latest sale price for the house of £233,500 on 15 Jul 2016. 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 Markhams Chase
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £233,500 | 15 Jul 2016 |
| £142,500 | 11 Jan 2007 |
| £79,995 | 26 Sep 2001 |
| £28,900 | 20 Apr 1998 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 2016 the House Price Index for ESSEX was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £233,500 results in an estimated price of approximately £310,923.
| 15 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £233,500 | £77,423 | £310,923 |
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 | -27.132 % | £-63,352 | £170,147 |
| 3 Month Average | 7.211 % | £16,837 | £250,337 |
| 6 Month Average | 22.556 % | £52,667 | £286,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £294,358 | £290,000 | 108 WOOLMER GREEN |
| 25 Aug 2023 | £123,783 | £122,700 | 170 WOOLMER GREEN |
| 15 Jul 2022 | £335,904 | £335,000 | 71 MARKHAMS CHASE |
| 1 Jun 2022 | £305,315 | £301,000 | 123 WOOLMER GREEN |
| 14 Apr 2022 | £314,089 | £305,000 | 137 WOOLMER GREEN |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Apr 2016. Using an estimated price of £310,923 means this house is valued at £4,640 per sq meter (£431 per sq foot).
The average size of a house on MARKHAMS CHASE is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Markhams Chase |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Markhams Chase |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Knights |
| Mar 2024 | Other crime | Under investigation | On or near Knights |
| Jan 2024 | Anti-social behaviour | On or near Knights |