£416,423
This estimated value is based upon the latest sale price for the house of £412,500 on 24 Mar 2023. 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 |
|---|---|
| £412,500 | 24 Mar 2023 |
| £299,040 | 31 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £412,500 results in an estimated price of approximately £416,423.
| 24 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £412,500 | £3,923 | £416,423 |
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 | -5.045 % | £-20,811 | £391,688 |
| 3 Month Average | -20.259 % | £-83,568 | £328,931 |
| 6 Month Average | -18.749 % | £-77,341 | £335,158 |
| 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 |
| 17 Feb 2023 | £399,731 | £400,000 | 27 GRIDIRON PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Gridiron Place | |
| Mar 2024 | Anti-social behaviour | On or near Gridiron Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gridiron Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cranborne Gardens |