£309,323
This estimated value is based upon the latest sale price for the house of £253,000 on 27 Apr 2020. 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 |
|---|---|
| £253,000 | 27 Apr 2020 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.262%.Applying this 22.262% change to the original purchase price of £253,000 results in an estimated price of approximately £309,323.
| 27 Apr 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.262 % | £253,000 | £56,323 | £309,323 |
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 | 8.699 % | £22,007 | £275,007 |
| 3 Month Average | 5.748 % | £14,543 | £267,543 |
| 6 Month Average | 10.576 % | £26,757 | £279,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £179,394 | £176,000 | 295 GREAT KNIGHTLEYS |
| 8 Dec 2023 | £261,956 | £257,000 | 19 THORNBUSH |
| 3 Nov 2023 | £278,576 | £275,000 | 79 JERMAYNS |
| 28 Feb 2023 | £313,517 | £315,000 | 13 JERMAYNS |
| 24 Feb 2023 | £338,399 | £340,000 | 27 JERMAYNS |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 27 Aug 2019. Using an estimated price of £309,323 means this house is valued at £3,726 per sq meter (£346 per sq foot).
The average size of a house on JERMAYNS is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Parking Area |