£508,626
This estimated value is based upon the latest sale price for the house of £420,000 on 3 Jun 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 |
|---|---|
| £420,000 | 3 Jun 2020 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 June 2020 the House Price Index for ESSEX was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £420,000 results in an estimated price of approximately £508,626.
| 3 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £420,000 | £88,626 | £508,626 |
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 | 185.175 % | £777,736 | £1,197,736 |
| 3 Month Average | 19.771 % | £83,038 | £503,038 |
| 6 Month Average | 10.867 % | £45,641 | £465,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £496,685 | £490,000 | 4 LATIMER DRIVE |
| 22 Mar 2023 | £540,088 | £535,000 | FIELD VIEW DUNTON ROAD |
| 11 Nov 2022 | £340,871 | £345,000 | 48 LATIMER DRIVE |
| 20 Oct 2022 | £687,597 | £695,000 | 1 KINGS ROAD |
| 14 Jun 2022 | £403,198 | £397,500 | 31 CHENIES DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 22 May 2019. Using an estimated price of £508,626 means this house is valued at £4,238 per sq meter (£393 per sq foot).
The average size of a house on LATIMER DRIVE is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Theft from the person | Under investigation | On or near Latimer Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Latimer Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Latimer Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Latimer Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Latimer Drive |