£610,441
This estimated value is based upon the latest sale price for the house of £328,000 on 12 Apr 2005. 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 |
|---|---|
| £328,000 | 12 Apr 2005 |
| £216,500 | 17 Jun 2004 |
| £172,500 | 18 Sep 2003 |
| Semi-Detached |
| Freehold |
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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £328,000 results in an estimated price of approximately £610,441.
| 12 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £328,000 | £282,441 | £610,441 |
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 | 102.882 % | £337,452 | £665,452 |
| 3 Month Average | 61.847 % | £202,857 | £530,857 |
| 6 Month Average | 70.961 % | £232,751 | £560,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £531,800 | £525,000 | 250 CORBETS TEY ROAD |
| 4 Aug 2023 | £767,716 | £761,000 | 52 PARKLAND AVENUE |
| 28 Jul 2023 | £527,094 | £520,000 | 284 CORBETS TEY ROAD |
| 25 Jul 2023 | £978,165 | £965,000 | 39 PARKLAND AVENUE |
| 7 Mar 2023 | £630,944 | £625,000 | 317 CORBETS TEY ROAD |