£315,843
This estimated value is based upon the latest sale price for the house of £315,000 on 27 Jan 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 |
|---|---|
| £315,000 | 27 Jan 2023 |
| £150,000 | 30 Nov 2011 |
| £49,995 | 8 Aug 1997 |
| £38,000 | 30 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 705 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 2023 the House Price Index for ESSEX was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £315,000 results in an estimated price of approximately £315,843.
| 27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £315,000 | £843 | £315,843 |
The Postcode Pricing Model uses changes in average sales price within the SS16 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 | 36.253 % | £114,198 | £429,198 |
| 3 Month Average | -0.479 % | £-1,508 | £313,491 |
| 6 Month Average | -4.697 % | £-14,794 | £300,205 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £218,548 | £213,000 | 34 GERNONS |
| 3 Nov 2023 | £338,595 | £330,000 | 29 THRESHELFORD |
| 23 Oct 2023 | £286,507 | £280,000 | 22 THRESHELFORD |
| 27 Sep 2023 | £342,551 | £335,000 | 31 THRESHELFORD |
| 31 Aug 2023 | £295,327 | £290,000 | 62 RANTREE FOLD |
This house has a floor area of 65 sq meters or 705 sq feet when measured on 9 Aug 2010. Using an estimated price of £315,844 means this house is valued at £4,820 per sq meter (£447 per sq foot).
The average size of a house on GERNONS is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Gernons |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Rantree Fold |
| Apr 2024 | Anti-social behaviour | On or near Rantree Fold | |
| Apr 2024 | Drugs | Awaiting court outcome | On or near Rantree Fold |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rantree Fold |