£702,155
This estimated value is based upon the latest sale price for the house of £560,000 on 25 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 |
|---|---|
| £560,000 | 25 Aug 2017 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 Feb 2024 is 146.7 which is a change of 25.385%.Applying this 25.385% change to the original purchase price of £560,000 results in an estimated price of approximately £702,155.
| 25 Aug 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 146.7 | 25.385 % | £560,000 | £142,155 | £702,155 |
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 % | £-131,498 | £428,501 |
| 3 Month Average | 13.447 % | £75,300 | £635,300 |
| 6 Month Average | 13.452 % | £75,330 | £635,330 |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 15 May 2017.
The average size of a house on LATIMER DRIVE is 85 sq meters (922 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | 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 |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Latimer Drive |