£455,711
This estimated value is based upon the latest sale price for the house of £368,500 on 3 Apr 2020. 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 |
|---|---|
| £368,500 | 3 Apr 2020 |
| 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £368,500 results in an estimated price of approximately £455,711.
| 3 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £368,500 | £87,211 | £455,711 |
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 | 14.671 % | £54,061 | £422,561 |
| 3 Month Average | 15.958 % | £58,803 | £427,303 |
| 6 Month Average | 17.906 % | £65,983 | £434,483 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jul 2024 | £382,000 | £382,000 | 4 LARCH CLOSE |
| 8 Dec 2023 | £487,479 | £472,500 | 8 LARCH CLOSE |
| 17 Nov 2023 | £574,585 | £560,000 | 19 THE PINES |
| 20 Oct 2023 | £480,923 | £470,000 | 5 LARCH CLOSE |
| 12 May 2022 | £451,770 | £440,000 | 12 THE PINES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Pines |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spruce Close |
| Sep 2024 | Other theft | Under investigation | On or near Aspen Court |
| Aug 2024 | Anti-social behaviour | On or near Aspen Court | |
| Aug 2024 | Anti-social behaviour | On or near Aspen Court |