£304,482
This estimated value is based upon the latest sale price for the house of £220,000 on 17 Dec 2015. 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 |
---|---|
£220,000 | 17 Dec 2015 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 December 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £220,000 results in an estimated price of approximately £304,482.
17 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £220,000 | £84,482 | £304,482 |
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 | 22.052 % | £48,514 | £268,514 |
3 Month Average | 37.910 % | £83,401 | £303,401 |
6 Month Average | 35.601 % | £78,322 | £298,322 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £305,674 | £303,000 | 10 SORREL COURT |
12 Nov 2021 | £259,563 | £240,000 | 73 GREAT OXCROFT |
11 Dec 2020 | £304,144 | £265,000 | 27 LITTLE OXCROFT |
11 Dec 2020 | £344,314 | £300,000 | 84 GREAT OXCROFT |
3 Nov 2020 | £321,721 | £277,500 | 23 LITTLE OXCROFT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Aug 2015. Using an estimated price of £304,483 means this house is valued at £3,274 per sq meter (£304 per sq foot).
The average size of a house on LITTLE OXCROFT is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Criminal damage and arson | Under investigation | On or near Northumberland Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Northumberland Avenue |