£687,606
This estimated value is based upon the latest sale price for the house of £557,500 on 5 Jul 2019. 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 |
---|---|
£557,500 | 5 Jul 2019 |
£447,500 | 31 Oct 2014 |
£335,000 | 20 Jul 2007 |
£207,000 | 24 Jul 2002 |
£127,500 | 9 Apr 1998 |
Terraced |
Freehold |
Floor Area: 91 sq meters or 979 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £557,500 results in an estimated price of approximately £687,606.
5 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 148.6 | 23.337 % | £557,500 | £130,106 | £687,606 |
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 | 11.480 % | £63,999 | £621,499 |
3 Month Average | -4.006 % | £-22,335 | £535,164 |
6 Month Average | 0.070 % | £391 | £557,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £435,866 | £430,000 | 201D CORBETS TEY ROAD |
14 Jan 2022 | £694,589 | £660,000 | 28 MELSTOCK AVENUE |
18 Dec 2020 | £766,099 | £667,500 | 2 MELSTOCK AVENUE |
11 Dec 2020 | £837,831 | £730,000 | 215 CORBETS TEY ROAD |
4 Nov 2020 | £1,252,102 | £1,080,000 | 150 CORBETS TEY ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 9 Aug 2013. Using an estimated price of £687,606 means this house is valued at £7,556 per sq meter (£701 per sq foot).
The average size of a house on MELSTOCK AVENUE is 126 sq meters (1,362 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadow Way |
Jan 2024 | Vehicle crime | Under investigation | On or near Corbets Tey Road |
Jan 2024 | Vehicle crime | Under investigation | On or near Corbets Tey Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Shrubbery |