£575,880
This estimated value is based upon the latest sale price for the house of £485,000 on 4 Sep 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 |
|---|---|
| £485,000 | 4 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 September 2020 the House Price Index for ESSEX was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £485,000 results in an estimated price of approximately £575,880.
| 4 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £485,000 | £90,880 | £575,880 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | -37.444 % | £-181,605 | £303,394 |
| 3 Month Average | 3.259 % | £15,806 | £500,806 |
| 6 Month Average | 3.688 % | £17,887 | £502,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £394,451 | £391,000 | 48 GAYNESFORD |
| 31 Mar 2023 | £590,564 | £585,000 | 14 SPORHAMS |
| 10 Feb 2023 | £439,704 | £440,000 | 21 BOTELERS |
| 12 May 2022 | £580,946 | £570,000 | 6 FLETCHERS |
| 31 Mar 2022 | £673,570 | £650,000 | 7 FLETCHERS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 18 Mar 2020. Using an estimated price of £575,880 means this house is valued at £5,096 per sq meter (£473 per sq foot).
The average size of a house on SPORHAMS is 152 sq meters (1,643 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gaynesford |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Botelers |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Botelers |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Botelers |