£873,853
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Sep 1997. 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 |
|---|---|
| £175,000 | 12 Sep 1997 |
| 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 1997 the House Price Index for ESSEX was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £175,000 results in an estimated price of approximately £873,853.
| 12 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £175,000 | £698,853 | £873,853 |
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 | 154.715 % | £270,750 | £445,750 |
| 3 Month Average | 352.746 % | £617,305 | £792,305 |
| 6 Month Average | 382.383 % | £669,170 | £844,170 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £493,316 | £489,000 | 97 BERRY LANE |
| 17 Jul 2023 | £456,139 | £450,000 | 58 VOWLER ROAD |
| 29 Jun 2023 | £657,970 | £650,000 | 16 REED POND WALK |
| 4 Apr 2023 | £432,153 | £427,500 | 21 ELDERBERRY CLOSE |
| 24 Feb 2023 | £674,546 | £675,000 | 8 MULBERRY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Berry Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Badgers |