£488,821
This estimated value is based upon the latest sale price for the house of £287,000 on 22 Sep 2006. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Jasmine Close
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £287,000 | 22 Sep 2006 |
| £112,000 | 7 Aug 1996 |
| Detached |
| Freehold |
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 September 2006 the House Price Index for ESSEX was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £287,000 results in an estimated price of approximately £488,821.
| 22 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £287,000 | £201,821 | £488,821 |
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 | 16.637 % | £47,746 | £334,746 |
| 3 Month Average | 47.408 % | £136,060 | £423,060 |
| 6 Month Average | 74.616 % | £214,146 | £501,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £399,843 | £395,000 | 5 MAHONIA DRIVE |
| 12 Jan 2023 | £567,328 | £570,000 | 8 MIMOSA CLOSE |
| 1 Jul 2022 | £355,958 | £355,000 | 20 ROSECROFT CLOSE |
| 1 Nov 2021 | £329,862 | £305,000 | 8 MAHONIA DRIVE |
| 29 Sep 2021 | £404,097 | £375,000 | 7 SUNNYSIDE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Jasmine Close |
| Feb 2024 | Drugs | Local resolution | On or near Forest Glade |
| Mar 2024 | Other crime | Under investigation | On or near Sunnyside |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sunnyside |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Warwick Place |