£273,069
This estimated value is based upon the latest sale price for the house of £215,000 on 3 Aug 2017. 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 |
|---|---|
| £215,000 | 3 Aug 2017 |
| £95,000 | 12 Aug 2003 |
| £68,000 | 17 Jul 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £215,000 results in an estimated price of approximately £273,069.
| 3 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £215,000 | £58,069 | £273,069 |
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 | -23.482 % | £-50,486 | £164,513 |
| 3 Month Average | 13.447 % | £28,910 | £243,910 |
| 6 Month Average | 13.452 % | £28,921 | £243,921 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £351,144 | £345,000 | 31 ROBERTS ROAD |
| 10 Nov 2023 | £345,109 | £340,000 | 5 POWELL ROAD |
| 18 Aug 2023 | £393,442 | £390,000 | 24 ACADEMY DRIVE |
| 20 Apr 2023 | £379,082 | £375,000 | 51 ACADEMY DRIVE |
| 30 Jan 2023 | £263,758 | £265,000 | 36A KING EDWARD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 7 Feb 2017. Using an estimated price of £273,069 means this house is valued at £4,266 per sq meter (£396 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Briar Mead | |
| Mar 2024 | Anti-social behaviour | On or near Briar Mead | |
| Mar 2024 | Robbery | Action to be taken by another organisation | On or near Briar Mead |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Briar Mead |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Briar Mead |