£514,919
This estimated value is based upon the latest sale price for the house of £294,995 on 5 May 2006. 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 Silvermere
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £294,995 | 5 May 2006 |
| £205,000 | 16 Nov 2000 |
| 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 May 2006 the House Price Index for ESSEX was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £294,995 results in an estimated price of approximately £514,919.
| 5 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £294,995 | £219,924 | £514,919 |
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 | 0.656 % | £1,935 | £296,930 |
| 3 Month Average | 69.127 % | £203,920 | £498,915 |
| 6 Month Average | 79.623 % | £234,884 | £529,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £444,789 | £440,000 | 17 ACORN PLACE |
| 24 Nov 2021 | £362,307 | £335,000 | LUBEC, 4 SHELLEY AVENUE |
| 4 Nov 2021 | £459,643 | £425,000 | 23 ACORN PLACE |
| 27 Sep 2021 | £457,977 | £425,000 | 7 SHELLEY AVENUE |
| 30 Oct 2020 | £597,099 | £509,000 | 1 SHAKESPEARE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Silvermere |
| Jan 2024 | Possession of weapons | Awaiting court outcome | On or near Silvermere |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Acorn Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Easton End |
| Mar 2024 | Burglary | Under investigation | On or near Rutland Close |