£502,843
This estimated value is based upon the latest sale price for the house of £245,995 on 30 Apr 2004. 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 |
|---|---|
| £245,995 | 30 Apr 2004 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 April 2004 the House Price Index for ESSEX was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £245,995 results in an estimated price of approximately £502,843.
| 30 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 148.6 | 104.412 % | £245,995 | £256,848 | £502,843 |
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 | 109.589 % | £269,584 | £515,579 |
| 3 Month Average | 103.352 % | £254,240 | £500,235 |
| 6 Month Average | 110.822 % | £272,616 | £518,611 |
| 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 193 sq meters or 2,077 sq feet when measured on 24 Jul 2018. Using an estimated price of £502,844 means this house is valued at £2,605 per sq meter (£242 per sq foot).
The average size of a house on ALBERT DRIVE is 164 sq meters (1,773 sq feet).
This house is the largest in the street with a floor area of 193 sq meters (2,077 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Drake Road |
| Mar 2024 | Burglary | Under investigation | On or near Mellow Purgess Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | 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 |