£275,944
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Jan 2021. 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 |
|---|---|
| £240,000 | 15 Jan 2021 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2021 the House Price Index for ESSEX was 130.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.977%.Applying this 14.977% change to the original purchase price of £240,000 results in an estimated price of approximately £275,944.
| 15 Jan 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 130.2 | 149.7 | 14.977 % | £240,000 | £35,944 | £275,944 |
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 | 8.011 % | £19,227 | £259,227 |
| 3 Month Average | 1.218 % | £2,922 | £242,922 |
| 6 Month Average | -0.373 % | £-895 | £239,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £253,901 | £250,000 | 281 GREAT KNIGHTLEYS |
| 15 Dec 2023 | £181,580 | £176,000 | 295 GREAT KNIGHTLEYS |
| 5 Oct 2023 | £286,507 | £280,000 | 50 YARDELEY |
| 30 Jun 2023 | £362,260 | £355,000 | 56 MYNCHENS |
| 30 Jun 2023 | £295,930 | £290,000 | 3 YARDELEY |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Sep 2020. Using an estimated price of £275,945 means this house is valued at £3,449 per sq meter (£320 per sq foot).
The average size of a house on GREAT KNIGHTLEYS is 78 sq meters (843 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Further action is not in the public interest | On or near Mynchens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mynchens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mynchens |