£204,337
This estimated value is based upon the latest sale price for the house of £137,000 on 12 Dec 2014. 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 |
|---|---|
| £137,000 | 12 Dec 2014 |
| £99,995 | 11 May 2004 |
| £44,000 | 1 Jun 2001 |
| £25,000 | 12 Apr 1996 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 December 2014 the House Price Index for ESSEX was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £137,000 results in an estimated price of approximately £204,337.
| 12 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £137,000 | £67,337 | £204,337 |
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 | 16.865 % | £23,104 | £160,104 |
| 3 Month Average | 49.620 % | £67,979 | £204,979 |
| 6 Month Average | 57.112 % | £78,244 | £215,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £305,674 | £303,000 | 10 SORREL COURT |
| 20 Jun 2022 | £157,222 | £155,000 | 2 CAMELLIA PLACE |
| 9 May 2022 | £157,977 | £155,000 | 68 CROSSE COURTS |
| 23 Nov 2021 | £264,971 | £245,000 | 74 SORREL COURT |
| 20 Aug 2021 | £290,060 | £260,000 | 34 BELLFLOWER MEWS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 11 Nov 2014. Using an estimated price of £204,337 means this house is valued at £2,064 per sq meter (£191 per sq foot).
The average size of a house on SOMERCOTES is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerbera Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerbera Close |
| Mar 2024 | Other theft | Under investigation | On or near Gerbera Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerbera Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gerbera Close |