£303,389
This estimated value is based upon the latest sale price for the house of £224,000 on 22 Apr 2016. 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 Wayletts
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52 Jermayns, Lee Chapel North, SS15 5HA
Phone: 01268810655
| Price Paid | Date |
|---|---|
| £224,000 | 22 Apr 2016 |
| £156,000 | 24 Mar 2014 |
| £104,000 | 27 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 April 2016 the House Price Index for ESSEX was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £224,000 results in an estimated price of approximately £303,389.
| 22 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £224,000 | £79,389 | £303,389 |
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 | -22.350 % | £-50,064 | £173,935 |
| 3 Month Average | 24.743 % | £55,425 | £279,425 |
| 6 Month Average | 30.501 % | £68,322 | £292,322 |
| 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 |
| 18 May 2022 | £356,722 | £350,000 | 7 BOURNE CLOSE |
| 22 Apr 2022 | £401,622 | £390,000 | 1 BOURNE CLOSE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Jan 2014. Using an estimated price of £303,389 means this house is valued at £3,940 per sq meter (£366 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 Wayletts |
| Mar 2024 | Other theft | Under investigation | On or near Wayletts |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wayletts |
| Feb 2024 | Burglary | Under investigation | On or near Wayletts |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Wayletts |