£423,433
This estimated value is based upon the latest sale price for the house of £420,000 on 30 Jun 2023. 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 |
|---|---|
| £420,000 | 30 Jun 2023 |
| £255,000 | 17 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 June 2023 the House Price Index for ESSEX was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £420,000 results in an estimated price of approximately £423,433.
| 30 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £420,000 | £3,433 | £423,433 |
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 | -19.832 % | £-83,293 | £336,706 |
| 3 Month Average | -6.164 % | £-25,888 | £394,111 |
| 6 Month Average | -5.886 % | £-24,721 | £395,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £160,537 | £157,500 | 223 GREAT KNIGHTLEYS |
| 30 Jun 2023 | £423,433 | £420,000 | 5 DORDELLS |
| 9 Mar 2023 | £284,035 | £282,500 | 84 FALSTONES |
| 30 Nov 2022 | £314,894 | £320,000 | 107 GREAT KNIGHTLEYS |
| 22 Jul 2022 | £299,595 | £300,000 | 2 FALSTONES |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 29 Mar 2019. Using an estimated price of £423,433 means this house is valued at £3,920 per sq meter (£364 per sq foot).
The average size of a house on DORDELLS is 91 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).