£123,305
This estimated value is based upon the latest sale price for the house of £42,000 on 3 May 2002. 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 Aster Close
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £42,000 | 3 May 2002 |
| Flats/Maisonettes |
| Leasehold |
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 May 2002 the House Price Index for ESSEX was 51.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 193.585%.Applying this 193.585% change to the original purchase price of £42,000 results in an estimated price of approximately £123,305.
| 3 May 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 149.7 | 193.585 % | £42,000 | £81,305 | £123,305 |
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 | 169.436 % | £71,163 | £113,163 |
| 3 Month Average | 227.730 % | £95,646 | £137,646 |
| 6 Month Average | 216.653 % | £90,994 | £132,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Oct 2022 | £233,221 | £234,000 | 24 WARD CLOSE |
| 31 May 2022 | £272,088 | £265,000 | 33 WARD CLOSE |
| 15 Oct 2021 | £278,667 | £250,000 | 22 WARD CLOSE |
| 25 May 2021 | £278,909 | £245,000 | 8 SOUTHWELL LINK |
| 26 Oct 2020 | £519,977 | £440,000 | 29 TYLER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Aster Close |
| Jul 2024 | Drugs | Awaiting court outcome | On or near Aster Close |
| Jul 2024 | Burglary | Under investigation | On or near Aster Close |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aster Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aster Close |