£594,220
This estimated value is based upon the latest sale price for the house of £119,000 on 26 Sep 1997. This value is then adjusted by the current Official House Price Index for ESSEX 1
There has been one burglary within the last year on or near Glenwood Gardens
More crime details
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £119,000 | 26 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 £119,000 results in an estimated price of approximately £594,220.
| 26 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £119,000 | £475,220 | £594,220 |
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 % | £184,110 | £303,110 |
| 3 Month Average | 352.746 % | £419,768 | £538,768 |
| 6 Month Average | 382.383 % | £455,036 | £574,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £324,809 | £320,000 | 7 DERBY CLOSE |
| 28 Sep 2023 | £268,432 | £265,000 | 191 FOREST GLADE |
| 30 Jun 2023 | £276,347 | £273,000 | 20 DERBY CLOSE |
| 19 Jun 2023 | £435,273 | £430,000 | 120 FOREST GLADE |
| 28 Feb 2023 | £189,872 | £190,000 | 29 DERBY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Glenwood Gardens |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Glenwood Gardens |
| Feb 2024 | Burglary | Under investigation | On or near Stafford Green |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Stafford Green |
| Jan 2024 | Other theft | Under investigation | On or near Stafford Green |