£215,348
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Aug 2019. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £175,000 | 12 Aug 2019 |
| £62,995 | 14 Jun 2002 |
| £33,500 | 30 Apr 1999 |
| £22,500 | 6 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 August 2019 the House Price Index for ESSEX was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £175,000 results in an estimated price of approximately £215,348.
| 12 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £175,000 | £40,348 | £215,348 |
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 | 15.512 % | £27,145 | £202,145 |
| 3 Month Average | 4.432 % | £7,756 | £182,756 |
| 6 Month Average | 8.763 % | £15,335 | £190,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £298,821 | £295,000 | 29 ARMADA CLOSE |
| 7 Jul 2023 | £202,729 | £200,000 | 11 WARD CLOSE |
| 30 Jun 2023 | £157,913 | £156,000 | 46 ELIZABETH WAY |
| 10 Feb 2023 | £239,839 | £240,000 | 62 ELIZABETH WAY |
| 8 Nov 2022 | £296,410 | £300,000 | 109 ELIZABETH WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 28 Sep 2017. Using an estimated price of £215,349 means this house is valued at £2,392 per sq meter (£222 per sq foot).
The average size of a house on ARMADA CLOSE is 94 sq meters (1,015 sq feet).