£246,338
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Oct 2022. 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 |
|---|---|
| £250,000 | 20 Oct 2022 |
| £200,000 | 21 Jul 2016 |
| £145,000 | 8 Feb 2008 |
| £85,750 | 24 Aug 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 October 2022 the House Price Index for ESSEX was 150.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.465%.Applying this -1.465% change to the original purchase price of £250,000 results in an estimated price of approximately £246,338.
| 20 Oct 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 148.0 | -1.465 % | £250,000 | £-3,661 | £246,338 |
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 | -22.405 % | £-56,012 | £193,987 |
| 3 Month Average | -38.361 % | £-95,903 | £154,096 |
| 6 Month Average | -14.249 % | £-35,623 | £214,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £471,047 | £465,000 | 38 CZARINA RISE |
| 20 Oct 2022 | £246,338 | £250,000 | 25 BASILDON ROAD |
| 9 Aug 2022 | £437,047 | £440,000 | 1 REGENT COURT |
| 1 Jul 2022 | £494,332 | £495,000 | 6 ROYAL OAK CHASE |
| 1 Apr 2022 | £410,256 | £400,000 | 5 CZARINA RISE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 5 Apr 2016. Using an estimated price of £246,338 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on BASILDON ROAD is 93 sq meters (1,004 sq feet).
This house is the smallest in the street with a floor area of 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Basildon Road |
| Feb 2024 | Anti-social behaviour | On or near Czarina Rise | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Czarina Rise |
| Feb 2024 | Anti-social behaviour | On or near Czarina Rise | |
| Feb 2024 | Anti-social behaviour | On or near Czarina Rise |