£512,718
This estimated value is based upon the latest sale price for the house of £321,000 on 22 Jan 2014. 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 |
---|---|
£321,000 | 22 Jan 2014 |
Semi-Detached |
Freehold |
Floor Area: 128 sq meters or 1,377 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £321,000 results in an estimated price of approximately £512,718.
22 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £321,000 | £191,718 | £512,718 |
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 | 68.754 % | £220,700 | £541,700 |
3 Month Average | 33.772 % | £108,409 | £429,409 |
6 Month Average | 35.798 % | £114,912 | £435,912 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £531,800 | £525,000 | 250 CORBETS TEY ROAD |
25 Aug 2023 | £736,443 | £730,000 | 9 FRESHFIELDS AVENUE |
16 Feb 2023 | £509,657 | £510,000 | 31 FRESHFIELDS AVENUE |
11 Jul 2022 | £666,795 | £665,000 | 9 LONGWOOD CLOSE |
7 Apr 2022 | £602,432 | £585,000 | 18 FOXHALL ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 28 Mar 2017. Using an estimated price of £512,718 means this house is valued at £4,005 per sq meter (£372 per sq foot).
The average size of a house on LONGWOOD CLOSE is 147 sq meters (1,585 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Longwood Close |
Jan 2024 | Burglary | Under investigation | On or near Corbets Tey Road |
Jan 2024 | Burglary | Under investigation | On or near Corbets Avenue |
Jan 2024 | Burglary | Under investigation | On or near Corbets Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Corbets Avenue |