£360,908
This estimated value is based upon the latest sale price for the house of £294,000 on 9 Apr 2020. This value is then adjusted by the current Official House Price Index for ESSEX 1
Get our free house price tracker.
52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £294,000 | 9 Apr 2020 |
| £276,500 | 13 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2020 the House Price Index for ESSEX was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £294,000 results in an estimated price of approximately £360,908.
| 9 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £294,000 | £66,908 | £360,908 |
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 | -27.559 % | £-81,022 | £212,977 |
| 3 Month Average | 0.422 % | £1,239 | £295,239 |
| 6 Month Average | 12.223 % | £35,935 | £329,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £343,001 | £340,000 | 14 ELGAR CLOSE |
| 14 Aug 2023 | £398,486 | £395,000 | 45 POUND LANE |
| 31 Jan 2023 | £182,142 | £183,000 | 2 BARNABY WAY |
| 14 Oct 2022 | £354,186 | £358,000 | 23 TALLIS ROAD |
| 16 Sep 2022 | £297,597 | £300,000 | 26 ELGAR CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Sep 2012. Using an estimated price of £360,908 means this house is valued at £4,568 per sq meter (£424 per sq foot).
The average size of a house on ELGAR CLOSE is 90 sq meters (977 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Elgar Close |
| Jan 2024 | Drugs | Local resolution | On or near Elgar Close |
| Jan 2024 | Burglary | Under investigation | On or near Dickens Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dickens Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Pickwick Close |