£624,405
This estimated value is based upon the latest sale price for the house of £400,000 on 6 Sep 2007. 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 |
|---|---|
| £400,000 | 6 Sep 2007 |
| Detached |
| Freehold |
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 September 2007 the House Price Index for ESSEX was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £400,000 results in an estimated price of approximately £624,405.
| 6 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £400,000 | £224,405 | £624,405 |
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 | -12.750 % | £-51,001 | £348,998 |
| 3 Month Average | 53.835 % | £215,340 | £615,340 |
| 6 Month Average | 59.935 % | £239,738 | £639,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2022 | £747,987 | £750,000 | 20 CORONA ROAD |
| 8 Apr 2022 | £746,604 | £725,000 | 3 HIGH OAKS |
| 29 Oct 2021 | £752,405 | £680,000 | 7 THE WATERFALLS |
| 29 Oct 2021 | £741,340 | £670,000 | 33 THE FIRLE |
| 29 Sep 2021 | £808,194 | £750,000 | 19 GROVE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Waterfalls |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near The Waterfalls |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Oaks |
| Feb 2024 | Anti-social behaviour | On or near High Oaks | |
| Feb 2024 | Anti-social behaviour | On or near High Oaks |