£556,695
This estimated value is based upon the latest sale price for the house of £110,500 on 1 Aug 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 |
|---|---|
| £110,500 | 1 Aug 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 August 1997 the House Price Index for ESSEX was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £110,500 results in an estimated price of approximately £556,695.
| 1 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £110,500 | £446,195 | £556,695 |
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 | 167.398 % | £184,974 | £295,474 |
| 3 Month Average | 377.881 % | £417,558 | £528,058 |
| 6 Month Average | 388.008 % | £428,749 | £539,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £479,192 | £475,000 | 20 LANCASTER DRIVE |
| 13 Feb 2023 | £334,775 | £335,000 | 16 NORTHAMPTON GROVE |
| 26 Aug 2022 | £613,349 | £615,000 | 5 IPSWICH MEWS |
| 5 Jul 2022 | £576,552 | £575,000 | 5 OAKHAM CLOSE |
| 11 Mar 2022 | £559,582 | £540,000 | 19 LANCASTER DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Lancaster Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Ipswich Mews |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Cambridge Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Nottingham Way |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flint Close |