£157,781
This estimated value is based upon the latest sale price for the house of £131,000 on 6 Mar 2020. 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 Bourne Close
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £131,000 | 6 Mar 2020 |
| £23,500 | 31 Mar 1999 |
| £23,500 | 31 Mar 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 512 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 March 2020 the House Price Index for ESSEX was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £131,000 results in an estimated price of approximately £157,781.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £131,000 | £26,781 | £157,781 |
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 | 11.732 % | £15,369 | £146,369 |
| 3 Month Average | 7.401 % | £9,695 | £140,695 |
| 6 Month Average | 15.675 % | £20,534 | £151,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £332,912 | £330,000 | 60 BOURNE CLOSE |
| 27 Feb 2023 | £279,812 | £280,000 | 48 BOURNE CLOSE |
| 16 Jun 2022 | £420,949 | £415,000 | 12 BOURNE CLOSE |
| 31 May 2022 | £467,305 | £458,500 | 59 STAMFORD DRIVE |
| 18 May 2022 | £356,722 | £350,000 | 7 BOURNE CLOSE |
This house has a floor area of 47 sq meters or 512 sq feet when measured on 12 Oct 2011. Using an estimated price of £157,781 means this house is valued at £3,316 per sq meter (£308 per sq foot).
The average size of a house on BOURNE CLOSE is 81 sq meters (878 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Bourne Close |
| Feb 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Bourne Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Bourne Close |