£259,749
This estimated value is based upon the latest sale price for the house of £210,000 on 15 Aug 2018. 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 |
|---|---|
| £210,000 | 15 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 August 2018 the House Price Index for ESSEX was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £210,000 results in an estimated price of approximately £259,749.
| 15 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £210,000 | £49,749 | £259,749 |
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 | -30.242 % | £-63,507 | £146,492 |
| 3 Month Average | -9.044 % | £-18,993 | £191,006 |
| 6 Month Average | 1.743 % | £3,660 | £213,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £354,533 | £350,000 | 21 WEYMARKS |
| 3 Mar 2023 | £312,948 | £310,000 | 27 THE FRAME |
| 20 Jan 2023 | £318,500 | £320,000 | 15 THE FRAME |
| 31 Mar 2022 | £243,522 | £235,000 | 35 THE FRAME |
| 31 Jan 2022 | £315,722 | £300,000 | 23 THE FRAME |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Jan 2018. Using an estimated price of £259,750 means this house is valued at £3,607 per sq meter (£335 per sq foot).
The average size of a house on SAINS is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Weymarks |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Weymarks |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Weymarks |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Knights |
| Mar 2024 | Other crime | Under investigation | On or near Knights |