£433,597
This estimated value is based upon the latest sale price for the house of £360,000 on 13 Mar 2020. 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 |
---|---|
£360,000 | 13 Mar 2020 |
£245,000 | 17 Jan 2014 |
£141,000 | 16 Nov 2001 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,214 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £360,000 results in an estimated price of approximately £433,597.
13 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £360,000 | £73,597 | £433,597 |
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 | 67.654 % | £243,555 | £603,555 |
3 Month Average | 13.099 % | £47,155 | £407,155 |
6 Month Average | 13.978 % | £50,320 | £410,320 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £307,692 | £305,000 | 28 IRIS MEWS |
18 Aug 2023 | £504,413 | £500,000 | 34 TYLER AVENUE |
21 Jul 2023 | £247,329 | £244,000 | 23 ORCHID PLACE |
12 Apr 2023 | £272,939 | £270,000 | 27 VIOLA CLOSE |
30 Jan 2023 | £467,796 | £470,000 | 9 ALBERT DRIVE |
This house has a floor area of 112 sq meters or 1,214 sq feet when measured on 3 Aug 2011. Using an estimated price of £433,597 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on ALBERT DRIVE is 164 sq meters (1,773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Albert Drive |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mellow Purgess Close |
Mar 2024 | Burglary | Under investigation | On or near Mellow Purgess Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Mellow Purgess Close |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mellow Purgess Close |