£294,849
This estimated value is based upon the latest sale price for the house of £125,000 on 19 Jun 2003. 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 |
|---|---|
| £125,000 | 19 Jun 2003 |
| £83,000 | 21 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 719 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 June 2003 the House Price Index for ESSEX was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £125,000 results in an estimated price of approximately £294,849.
| 19 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £125,000 | £169,849 | £294,849 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | 58.186 % | £72,731 | £197,731 |
| 3 Month Average | 106.111 % | £132,638 | £257,638 |
| 6 Month Average | 130.641 % | £163,300 | £288,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £364,911 | £360,000 | 45 CROSS GREEN |
| 20 Sep 2022 | £327,356 | £330,000 | 52 CROSS GREEN |
| 11 Jul 2022 | £383,532 | £382,500 | 51 INGAWAY |
| 16 May 2022 | £463,738 | £455,000 | 186 GREAT GREGORIE |
| 11 Mar 2022 | £316,060 | £305,000 | 4 WETHERLAND |
This house has a floor area of 66 sq meters or 719 sq feet when measured on 29 Nov 2008. Using an estimated price of £294,849 means this house is valued at £4,413 per sq meter (£410 per sq foot).
The average size of a house on CROSS GREEN is 80 sq meters (870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Ingaway |
| Feb 2024 | Anti-social behaviour | On or near Ingaway | |
| Feb 2024 | Anti-social behaviour | On or near Ingaway | |
| Feb 2024 | Anti-social behaviour | On or near Ingaway | |
| Jan 2024 | Drugs | Investigation complete; no suspect identified | On or near Ingaway |