£486,266
This estimated value is based upon the latest sale price for the house of £285,000 on 12 Apr 2012. 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 |
|---|---|
| £285,000 | 12 Apr 2012 |
| £238,000 | 8 Sep 2003 |
| £150,000 | 27 May 1999 |
| Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,107 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 April 2012 the House Price Index for ESSEX was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.620%.Applying this 70.620% change to the original purchase price of £285,000 results in an estimated price of approximately £486,266.
| 12 Apr 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.620 % | £285,000 | £201,266 | £486,266 |
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 | 11.907 % | £33,935 | £318,935 |
| 3 Month Average | 68.051 % | £193,943 | £478,943 |
| 6 Month Average | 77.551 % | £221,019 | £506,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £195,928 | £192,500 | 52 WALNUT CLOSE |
| 25 Jul 2023 | £380,116 | £375,000 | 31 QUEENS ROAD |
| 11 Jan 2023 | £452,867 | £455,000 | JEAMOSS, 15 KINGS CRESCENT |
| 11 Nov 2022 | £390,273 | £395,000 | VALDON, 17 KINGS CRESCENT |
| 14 Jun 2022 | £361,103 | £356,000 | 63 QUEENS ROAD |
This house has a floor area of 102 sq meters or 1,107 sq feet when measured on 17 Jun 2011. Using an estimated price of £486,266 means this house is valued at £4,726 per sq meter (£439 per sq foot).
The average size of a house on QUEENS ROAD is 98 sq meters (1,057 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Queens Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Close |
| Jan 2024 | Drugs | Local resolution | On or near Cypress Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cypress Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cypress Close |