£340,795
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Jul 2018. 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 |
|---|---|
| £275,000 | 20 Jul 2018 |
| 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 July 2018 the House Price Index for ESSEX was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £275,000 results in an estimated price of approximately £340,795.
| 20 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £275,000 | £65,795 | £340,795 |
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 | -1.729 % | £-4,755 | £270,244 |
| 3 Month Average | -4.110 % | £-11,301 | £263,698 |
| 6 Month Average | 5.098 % | £14,019 | £289,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £348,154 | £343,000 | 33 DORDELLS |
| 14 Sep 2023 | £379,857 | £375,000 | 140 FALSTONES |
| 1 Sep 2023 | £172,202 | £170,000 | 152 FALSTONES |
| 30 Jun 2023 | £293,556 | £290,000 | 3 YARDELEY |
| 20 Jun 2023 | £268,249 | £265,000 | 43 YARDELEY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Mar 2018. Using an estimated price of £340,795 means this house is valued at £4,207 per sq meter (£390 per sq foot).
The average size of a house on FALSTONES is 84 sq meters (904 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Falstones |
| Apr 2024 | Public order | Under investigation | On or near Falstones |
| Apr 2024 | Public order | Under investigation | On or near Falstones |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Falstones |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Falstones |