£252,588
This estimated value is based upon the latest sale price for the house of £45,000 on 15 Feb 1996. 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 |
---|---|
£45,000 | 15 Feb 1996 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 February 1996 the House Price Index for ESSEX was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.308%.Applying this 461.308% change to the original purchase price of £45,000 results in an estimated price of approximately £252,588.
15 Feb 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.0 | 461.308 % | £45,000 | £207,588 | £252,588 |
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 | 553.030 % | £248,863 | £293,863 |
3 Month Average | 541.937 % | £243,871 | £288,871 |
6 Month Average | 543.769 % | £244,695 | £289,695 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £336,364 | £330,000 | 36 GLADWYNS |
27 Jul 2023 | £326,085 | £323,000 | 56 GLADWYNS |
26 Apr 2023 | £287,134 | £285,000 | 133 GLADWYNS |
31 Mar 2023 | £276,495 | £275,000 | 115 GLADWYNS |
10 Oct 2022 | £280,826 | £285,000 | 125 GLADWYNS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 24 Apr 2017. Using an estimated price of £252,589 means this house is valued at £3,118 per sq meter (£289 per sq foot).
The average size of a house on ALRACKS is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Little Lullaway | |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Little Lullaway |
Feb 2024 | Anti-social behaviour | On or near Little Lullaway | |
Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Little Lullaway |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Lullaway |