£1,116,350
This estimated value is based upon the latest sale price for the house of £895,000 on 25 May 2018. 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 |
---|---|
£895,000 | 25 May 2018 |
£950,000 | 16 Dec 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 266 sq meters or 2,863 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £895,000 results in an estimated price of approximately £1,116,350.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £895,000 | £221,350 | £1,116,350 |
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 | 68.903 % | £616,686 | £1,511,686 |
3 Month Average | 1.886 % | £16,879 | £911,879 |
6 Month Average | -1.440 % | £-12,890 | £882,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £608,186 | £600,000 | 95 ST MARYS LANE |
2 Jun 2023 | £569,397 | £562,500 | 6 CONVENT CLOSE |
24 Mar 2023 | £416,423 | £412,500 | FLAT 21 MILLSTONE HOUSE, 80 ST MARY'S LANE |
22 Feb 2023 | £839,435 | £840,000 | 1 CONVENT CLOSE |
25 Nov 2022 | £839,827 | £850,000 | 2 CONVENT CLOSE |
This house has a floor area of 266 sq meters or 2,863 sq feet when measured on 23 Dec 2016. Using an estimated price of £1,116,351 means this house is valued at £4,196 per sq meter (£389 per sq foot).
The average size of a house on CONVENT CLOSE is 218 sq meters (2,351 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cranborne Gardens |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranborne Gardens |