£662,085
This estimated value is based upon the latest sale price for the house of £417,000 on 20 Dec 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Station Road, Upminster, RM14 2UB
Phone: 01708954248
Price Paid | Date |
---|---|
£417,000 | 20 Dec 2013 |
£250,000 | 25 May 2001 |
Detached |
Freehold |
Floor Area: 117 sq meters or 1,259 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 2013 the House Price Index for GREATER LONDON was 92.6.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 58.774%.Applying this 58.774% change to the original purchase price of £417,000 results in an estimated price of approximately £662,085.
20 Dec 2013 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 147.0 | 58.774 % | £417,000 | £245,085 | £662,085 |
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 | 112.255 % | £468,101 | £885,101 |
3 Month Average | 49.958 % | £208,326 | £625,326 |
6 Month Average | 45.166 % | £188,344 | £605,344 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Jul 2023 | £963,689 | £965,000 | 39 PARKLAND AVENUE |
1 Nov 2022 | £690,070 | £706,500 | 14 PARKLAND AVENUE |
4 Aug 2022 | £896,582 | £910,000 | 208 CORBETS TEY ROAD |
11 Jul 2022 | £659,171 | £665,000 | 9 LONGWOOD CLOSE |
25 Feb 2022 | £906,448 | £875,000 | 33 CORBETS AVENUE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 1 Mar 2013. Using an estimated price of £662,086 means this house is valued at £5,658 per sq meter (£525 per sq foot).
The average size of a house on PARKLAND AVENUE is 171 sq meters (1,843 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parkland Avenue |
Jan 2024 | Vehicle crime | Under investigation | On or near Longwood Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Longwood Close |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkland Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Corbets Avenue |