£407,918
This estimated value is based upon the latest sale price for the house of £127,900 on 8 Nov 2001. This value is then adjusted by the current Official House Price Index for ESSEX 1
There have been two burglaries within the last year on or near Silvermere
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
Price Paid | Date |
---|---|
£127,900 | 8 Nov 2001 |
Semi-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 November 2001 the House Price Index for ESSEX was 46.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 218.935%.Applying this 218.935% change to the original purchase price of £127,900 results in an estimated price of approximately £407,918.
8 Nov 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 148.0 | 218.935 % | £127,900 | £280,018 | £407,918 |
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 | 127.737 % | £163,375 | £291,275 |
3 Month Average | 181.483 % | £232,117 | £360,017 |
6 Month Average | 219.322 % | £280,513 | £408,413 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Mar 2023 | £603,261 | £600,000 | 149 GREAT BERRY LANE |
24 Nov 2021 | £360,844 | £335,000 | LUBEC, 4 SHELLEY AVENUE |
27 Sep 2021 | £456,128 | £425,000 | 7 SHELLEY AVENUE |
30 Oct 2020 | £594,688 | £509,000 | 1 SHAKESPEARE AVENUE |
27 Oct 2020 | £613,382 | £525,000 | 1A SHELLEY AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silvermere |
Apr 2024 | Burglary | Under investigation | On or near Silvermere |
Mar 2024 | Burglary | Under investigation | On or near Silvermere |
Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Silvermere |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near The Lindens |