£712,901
This estimated value is based upon the latest sale price for the house of £217,500 on 24 Sep 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
Price Paid | Date |
---|---|
£217,500 | 24 Sep 2001 |
£98,000 | 18 Dec 1995 |
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 September 2001 the House Price Index for GREATER LONDON was 45.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 227.771%.Applying this 227.771% change to the original purchase price of £217,500 results in an estimated price of approximately £712,901.
24 Sep 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.3 | 148.6 | 227.771 % | £217,500 | £495,401 | £712,901 |
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 | 379.550 % | £825,521 | £1,043,021 |
3 Month Average | 172.705 % | £375,632 | £593,132 |
6 Month Average | 169.154 % | £367,910 | £585,410 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £871,138 | £860,000 | 19 ACACIA DRIVE |
29 Aug 2023 | £524,589 | £520,000 | 33 SYCAMORE AVENUE |
7 Jul 2023 | £562,572 | £555,000 | 4 ACACIA DRIVE |
5 Jun 2023 | £900,913 | £890,000 | 21 SYCAMORE AVENUE |
17 Feb 2023 | £709,523 | £710,000 | 47 SYCAMORE AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Jan 2016. Using an estimated price of £712,902 means this house is valued at £9,505 per sq meter (£883 per sq foot).
The average size of a house on ACACIA DRIVE is 107 sq meters (1,155 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
Dec 2023 | Anti-social behaviour | On or near Gaynes Park Road | |
Dec 2023 | Anti-social behaviour | On or near Gaynes Park Road |