£238,580
This estimated value is based upon the latest sale price for the house of £195,000 on 28 Feb 2020. 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 |
|---|---|
| £195,000 | 28 Feb 2020 |
| £193,000 | 2 Aug 2016 |
| £167,500 | 31 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 568 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 February 2020 the House Price Index for ESSEX was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £195,000 results in an estimated price of approximately £238,580.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £195,000 | £43,580 | £238,580 |
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 | -39.001 % | £-76,052 | £118,947 |
| 3 Month Average | 3.828 % | £7,464 | £202,464 |
| 6 Month Average | 13.433 % | £26,194 | £221,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £33,688 | £33,189 | UNITS 42 &, 44 HEMMELLS |
| 29 Aug 2023 | £373,265 | £370,000 | 42 COLLEGE LANE |
| 4 Aug 2023 | £166,456 | £165,000 | FLAT 3 THE GABLES HIGH ROAD |
| 30 Mar 2023 | £292,758 | £290,000 | 5 ARCHER ROAD |
| 27 Mar 2023 | £353,329 | £350,000 | 6 COLLEGE LANE |
This house has a floor area of 52 sq meters or 568 sq feet when measured on 16 Mar 2010. Using an estimated price of £238,581 means this house is valued at £4,518 per sq meter (£419 per sq foot).
The average size of a house on SCHOOL AVENUE is 104 sq meters (1,120 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Langside Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langside Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langside Close |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Langside Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Paul'S Road |