£561,788
This estimated value is based upon the latest sale price for the house of £445,000 on 7 Mar 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 |
|---|---|
| £445,000 | 7 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 2018 the House Price Index for ESSEX was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £445,000 results in an estimated price of approximately £561,788.
| 7 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £445,000 | £116,788 | £561,788 |
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 | -0.100 % | £-445 | £444,554 |
| 3 Month Average | 25.950 % | £115,477 | £560,477 |
| 6 Month Average | 6.468 % | £28,781 | £473,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £569,511 | £560,000 | 40 CAVENDISH WAY |
| 10 Mar 2023 | £255,568 | £251,300 | 4 CHURCH MEWS |
| 24 Feb 2023 | £432,892 | £430,000 | 46 CAVENDISH WAY |
| 3 Dec 2021 | £593,619 | £550,000 | 4 MARTINDALE AVENUE |
| 29 Oct 2021 | £473,734 | £425,000 | 23 WASH ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 6 Oct 2017. Using an estimated price of £561,789 means this house is valued at £3,847 per sq meter (£357 per sq foot).
The average size of a house on MARTINDALE AVENUE is 134 sq meters (1,443 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Martindale Avenue |
| Apr 2024 | Anti-social behaviour | On or near Martindale Avenue | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Martindale Avenue |
| Apr 2024 | Anti-social behaviour | On or near Martindale Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Martindale Avenue |