£308,612
This estimated value is based upon the latest sale price for the house of £170,000 on 30 Jul 2009. 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 |
|---|---|
| £170,000 | 30 Jul 2009 |
| £170,000 | 30 Jul 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 795 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 July 2009 the House Price Index for ESSEX was 81.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 81.537%.Applying this 81.537% change to the original purchase price of £170,000 results in an estimated price of approximately £308,612.
| 30 Jul 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.0 | 81.537 % | £170,000 | £138,612 | £308,612 |
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 | 75.178 % | £127,803 | £297,803 |
| 3 Month Average | 74.593 % | £126,807 | £296,807 |
| 6 Month Average | 78.656 % | £133,715 | £303,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £331,267 | £325,000 | 20 ACADEMY DRIVE |
| 18 Aug 2023 | £392,386 | £390,000 | 24 ACADEMY DRIVE |
| 7 Jun 2023 | £214,237 | £212,500 | 7 SCHOOL AVENUE |
| 20 Apr 2023 | £377,808 | £375,000 | 51 ACADEMY DRIVE |
| 27 Jan 2023 | £193,302 | £195,000 | 18 HARROW HOUSE SCHOOL AVENUE |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 10 Sep 2010. Using an estimated price of £308,612 means this house is valued at £4,174 per sq meter (£387 per sq foot).
The average size of a house on ACADEMY DRIVE is 102 sq meters (1,103 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (795 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Academy Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Academy Drive |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Academy Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mead |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Mead |