£414,402
This estimated value is based upon the latest sale price for the house of £245,000 on 14 Dec 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
91 Front Lane, Upminster, RM14 1XN
Phone: 01708954814
| Price Paid | Date |
|---|---|
| £245,000 | 14 Dec 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in December 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £245,000 results in an estimated price of approximately £414,402.
| 14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 148.6 | 69.144 % | £245,000 | £169,402 | £414,402 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 149.985 % | £367,464 | £612,464 |
| 3 Month Average | 45.341 % | £111,084 | £356,084 |
| 6 Month Average | 40.620 % | £99,518 | £344,518 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £487,213 | £480,000 | 24 CHIPPERFIELD CLOSE |
| 29 Sep 2023 | £268,432 | £265,000 | 1D CHIPPERFIELD CLOSE |
| 28 Jul 2023 | £506,821 | £500,000 | 21 PARK AVENUE |
| 11 Jul 2023 | £567,640 | £560,000 | 29 CHIPPERFIELD CLOSE |
| 24 Feb 2023 | £534,640 | £535,000 | 14 RUSTIC CLOSE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 14 Jan 2012. Using an estimated price of £414,402 means this house is valued at £5,523 per sq meter (£513 per sq foot).
The average size of a house on RUSTIC CLOSE is 105 sq meters (1,132 sq feet).