£515,101
This estimated value is based upon the latest sale price for the house of £377,000 on 4 Dec 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 |
|---|---|
| £377,000 | 4 Dec 2015 |
| £104,995 | 28 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 2015 the House Price Index for ESSEX was 107.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 36.632%.Applying this 36.632% change to the original purchase price of £377,000 results in an estimated price of approximately £515,101.
| 4 Dec 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 146.7 | 36.632 % | £377,000 | £138,101 | £515,101 |
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 | -18.659 % | £-70,344 | £306,655 |
| 3 Month Average | 30.963 % | £116,729 | £493,729 |
| 6 Month Average | 37.621 % | £141,831 | £518,831 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Mar 2015.
The average size of a house on SOMERSET ROAD is 120 sq meters (1,295 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Somerset Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Kent Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kent Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sussex Close |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Suffolk Drive |