£308,115
This estimated value is based upon the latest sale price for the house of £295,000 on 14 Feb 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 |
|---|---|
| £295,000 | 14 Feb 2022 |
| £152,000 | 16 Dec 2005 |
| £81,000 | 2 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2022 the House Price Index for ESSEX was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £295,000 results in an estimated price of approximately £308,115.
| 14 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £295,000 | £13,115 | £308,115 |
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 | 19.916 % | £58,750 | £353,750 |
| 3 Month Average | -8.423 % | £-24,847 | £270,152 |
| 6 Month Average | -0.524 % | £-1,545 | £293,454 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £324,162 | £320,000 | 37 BLACKMORES |
| 14 Jul 2023 | £297,817 | £295,000 | 16 FRASER CLOSE |
| 30 Mar 2023 | £306,658 | £305,000 | 57 FRASER CLOSE |
| 27 Mar 2023 | £324,253 | £322,500 | 41 FRASER CLOSE |
| 6 Jan 2023 | £356,865 | £360,000 | 4 FRASER CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Sep 2021. Using an estimated price of £308,116 means this house is valued at £3,461 per sq meter (£321 per sq foot).
The average size of a house on PAXFORDS is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paxfords |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Paxfords |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Paxfords |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paxfords |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Paxfords |