£1,282,476
This estimated value is based upon the latest sale price for the house of £740,000 on 27 Jun 2011. 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 |
|---|---|
| £740,000 | 27 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 June 2011 the House Price Index for GREATER LONDON was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £740,000 results in an estimated price of approximately £1,282,476.
| 27 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £740,000 | £542,476 | £1,282,476 |
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 | 131.396 % | £972,329 | £1,712,329 |
| 3 Month Average | 36.294 % | £268,572 | £1,008,572 |
| 6 Month Average | 46.478 % | £343,939 | £1,083,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £688,338 | £680,000 | 18 MEADOW WAY |
| 25 Aug 2022 | £762,946 | £765,000 | 32 MEADOW WAY |
| 16 Jun 2022 | £846,969 | £835,000 | 26 PARK DRIVE |
| 27 Jan 2022 | £878,761 | £835,000 | 41 PARK DRIVE |
| 30 Nov 2020 | £799,954 | £690,000 | 29 LEASWAY |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 19 Mar 2011. Using an estimated price of £1,282,477 means this house is valued at £9,715 per sq meter (£902 per sq foot).
The average size of a house on PARK DRIVE is 130 sq meters (1,408 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadow Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairfield Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Way |
| Dec 2023 | Other theft | Under investigation | On or near Meadow Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Shrubbery |