£421,142
This estimated value is based upon the latest sale price for the house of £335,000 on 21 Dec 2017. 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 |
|---|---|
| £335,000 | 21 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2017 the House Price Index for ESSEX was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £335,000 results in an estimated price of approximately £421,142.
| 21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £335,000 | £86,142 | £421,142 |
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 | -2.905 % | £-9,731 | £325,268 |
| 3 Month Average | 3.640 % | £12,193 | £347,193 |
| 6 Month Average | 8.954 % | £29,996 | £364,996 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £348,045 | £345,000 | 54 MASTERS CRESCENT |
| 7 Jun 2023 | £215,106 | £212,500 | 7 SCHOOL AVENUE |
| 27 Jan 2023 | £194,086 | £195,000 | 18 HARROW HOUSE SCHOOL AVENUE |
| 31 Aug 2022 | £339,087 | £340,000 | 22 BOURNE AVENUE |
| 26 Aug 2022 | £349,060 | £350,000 | 20 SCHOOL PATH |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Dec 2017. Using an estimated price of £421,142 means this house is valued at £4,627 per sq meter (£429 per sq foot).
The average size of a house on CROMER AVENUE is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near School Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Academy Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Academy Drive |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Masters Crescent |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Masters Crescent |