£235,073
This estimated value is based upon the latest sale price for the house of £115,000 on 15 Apr 2004. 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 |
---|---|
£115,000 | 15 Apr 2004 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £115,000 results in an estimated price of approximately £235,073.
15 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £115,000 | £120,073 | £235,073 |
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 | 109.589 % | £126,027 | £241,027 |
3 Month Average | 103.352 % | £118,854 | £233,854 |
6 Month Average | 110.822 % | £127,445 | £242,445 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £332,912 | £330,000 | 60 BOURNE CLOSE |
27 Feb 2023 | £279,812 | £280,000 | 48 BOURNE CLOSE |
16 Jun 2022 | £420,949 | £415,000 | 12 BOURNE CLOSE |
18 May 2022 | £356,722 | £350,000 | 7 BOURNE CLOSE |
6 May 2022 | £369,462 | £362,500 | 63 DEVONSHIRE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 3 Jun 2021. Using an estimated price of £235,074 means this house is valued at £2,975 per sq meter (£276 per sq foot).
The average size of a house on WESTFIELD is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield |
Feb 2024 | Anti-social behaviour | On or near Wimbourne | |
Feb 2024 | Drugs | Awaiting court outcome | On or near Wimbourne |
Feb 2024 | Anti-social behaviour | On or near Wimbourne |