£167,095
This estimated value is based upon the latest sale price for the house of £88,000 on 15 Oct 2004. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Bourne Close
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £88,000 | 15 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 October 2004 the House Price Index for ESSEX was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £88,000 results in an estimated price of approximately £167,095.
| 15 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £88,000 | £79,095 | £167,095 |
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 | 39.535 % | £34,790 | £122,790 |
| 3 Month Average | 88.350 % | £77,747 | £165,747 |
| 6 Month Average | 105.570 % | £92,902 | £180,902 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £353,089 | £350,000 | 31 TONBRIDGE DRIVE |
| 4 Aug 2023 | £332,912 | £330,000 | 60 BOURNE CLOSE |
| 27 Jul 2023 | £352,748 | £348,000 | 27 TONBRIDGE DRIVE |
| 27 Feb 2023 | £279,812 | £280,000 | 48 BOURNE CLOSE |
| 31 Jan 2023 | £472,773 | £475,000 | 43 DULWICH AVENUE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 14 Apr 2009. Using an estimated price of £167,095 means this house is valued at £3,669 per sq meter (£340 per sq foot).
The average size of a house on BOURNE AVENUE is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourne Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bourne Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bourne Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tonbridge Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Tonbridge Drive |