£193,101
This estimated value is based upon the latest sale price for the house of £122,500 on 10 Jul 2007. 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 |
|---|---|
| £122,500 | 10 Jul 2007 |
| £37,000 | 6 Nov 1998 |
| £34,000 | 6 Oct 1995 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 89 sq meters or 966 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 July 2007 the House Price Index for ESSEX was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £122,500 results in an estimated price of approximately £193,101.
| 10 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £122,500 | £70,601 | £193,101 |
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 | 17.864 % | £21,883 | £144,383 |
| 3 Month Average | 64.013 % | £78,416 | £200,916 |
| 6 Month Average | 80.200 % | £98,244 | £220,744 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £247,329 | £244,000 | 23 ORCHID PLACE |
| 7 Jul 2023 | £202,729 | £200,000 | 11 WARD CLOSE |
| 31 May 2022 | £270,089 | £265,000 | 33 WARD CLOSE |
| 15 Oct 2021 | £276,620 | £250,000 | 22 WARD CLOSE |
| 25 May 2021 | £276,859 | £245,000 | 8 SOUTHWELL LINK |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 31 Mar 2009. Using an estimated price of £193,102 means this house is valued at £2,149 per sq meter (£199 per sq foot).
The average size of a house on SOMERCOTES is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Aster Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aster Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aster Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Aster Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Aster Close |