£475,866
This estimated value is based upon the latest sale price for the house of £440,000 on 26 Nov 2021. 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 |
|---|---|
| £440,000 | 26 Nov 2021 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2021 the House Price Index for ESSEX was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £440,000 results in an estimated price of approximately £475,866.
| 26 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £440,000 | £35,866 | £475,866 |
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 | -37.766 % | £-166,171 | £273,828 |
| 3 Month Average | -8.376 % | £-36,856 | £403,143 |
| 6 Month Average | 3.480 % | £15,310 | £455,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £461,837 | £455,000 | 31 RUTLAND CLOSE |
| 28 Jul 2023 | £354,775 | £350,000 | 5 SUSSEX CLOSE |
| 28 Jul 2023 | £461,207 | £455,000 | 27 NORFOLK CLOSE |
| 16 Mar 2023 | £423,995 | £420,000 | 15 SURREY WAY |
| 3 Mar 2023 | £434,090 | £430,000 | 17 ESSEX CLOSE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 28 Apr 2021. Using an estimated price of £475,866 means this house is valued at £4,905 per sq meter (£455 per sq foot).
The average size of a house on ESSEX CLOSE is 110 sq meters (1,194 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Suffolk Drive |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Rutland Close |
| Mar 2024 | Burglary | Under investigation | On or near Rutland Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Rutland Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sussex Close |