£656,792
This estimated value is based upon the latest sale price for the house of £450,000 on 8 May 2015. 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 |
|---|---|
| £450,000 | 8 May 2015 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 May 2015 the House Price Index for ESSEX was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £450,000 results in an estimated price of approximately £656,792.
| 8 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £450,000 | £206,792 | £656,792 |
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 | -5.927 % | £-26,673 | £423,326 |
| 3 Month Average | 46.241 % | £208,083 | £658,083 |
| 6 Month Average | 50.222 % | £225,997 | £675,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £304,508 | £300,000 | 24 BRIMSDOWN APARTMENTS BRIMSDOWN AVENUE |
| 29 Sep 2023 | £400,116 | £395,000 | 30 WORTHING ROAD |
| 12 Sep 2023 | £217,785 | £215,000 | 7 BRIMSDOWN APARTMENTS BRIMSDOWN AVENUE |
| 18 Aug 2023 | £302,648 | £300,000 | 6 BRIMSDOWN APARTMENTS BRIMSDOWN AVENUE |
| 24 Mar 2023 | £302,853 | £300,000 | 12 BRIMSDOWN APARTMENTS BRIMSDOWN AVENUE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 13 Feb 2015. Using an estimated price of £656,793 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on SOMERSET ROAD is 120 sq meters (1,295 sq feet).
This house is the largest in the street with a floor area of 174 sq meters (1,872 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Ferndale Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brimsdown Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brimsdown Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brimsdown Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |