£307,691
This estimated value is based upon the latest sale price for the house of £305,000 on 31 Aug 2023. 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 Iris Mews
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £305,000 | 31 Aug 2023 |
| £235,000 | 12 Jul 2019 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2023 the House Price Index for ESSEX was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £305,000 results in an estimated price of approximately £307,691.
| 31 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £305,000 | £2,691 | £307,691 |
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 | -6.708 % | £-20,459 | £284,540 |
| 3 Month Average | -7.845 % | £-23,926 | £281,073 |
| 6 Month Average | -4.659 % | £-14,208 | £290,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £307,692 | £305,000 | 28 IRIS MEWS |
| 23 Aug 2023 | £192,686 | £191,000 | 149 BEESTON COURTS |
| 18 Aug 2023 | £504,413 | £500,000 | 34 TYLER AVENUE |
| 2 Aug 2023 | £282,471 | £280,000 | 123 BEESTON COURTS |
| 12 Apr 2023 | £272,939 | £270,000 | 27 VIOLA CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 27 May 2021. Using an estimated price of £307,692 means this house is valued at £3,663 per sq meter (£340 per sq foot).
The average size of a house on IRIS MEWS is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Awaiting court outcome | On or near Iris Mews |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Iris Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Iris Mews |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Iris Mews |
| Jan 2024 | Anti-social behaviour | On or near Iris Mews |