£337,684
This estimated value is based upon the latest sale price for the house of £250,000 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Corbets Tey Road
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
Price Paid | Date |
---|---|
£250,000 | 14 Mar 2016 |
£169,150 | 23 Apr 2012 |
£147,000 | 30 Jul 2004 |
£63,000 | 29 Oct 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 65 sq meters or 699 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £250,000 results in an estimated price of approximately £337,684.
14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £250,000 | £87,684 | £337,684 |
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 | 94.131 % | £235,327 | £485,327 |
3 Month Average | 8.589 % | £21,473 | £271,473 |
6 Month Average | 6.507 % | £16,268 | £266,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £1,018 | £1,000 | 48A CORBETS TEY ROAD |
25 Aug 2023 | £504,413 | £500,000 | 79 CORBETS TEY ROAD |
3 Jul 2023 | £304,093 | £300,000 | 31 SPRINGFIELD COURT SPRINGFIELD GARDENS |
24 Feb 2023 | £302,796 | £303,000 | 29 SPRINGFIELD COURT SPRINGFIELD GARDENS |
1 Nov 2022 | £523,657 | £530,000 | 2A STEWART AVENUE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Aug 2020. Using an estimated price of £337,684 means this house is valued at £5,195 per sq meter (£482 per sq foot).
The average size of a house on CORBETS TEY ROAD is 113 sq meters (1,220 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Corbets Tey Road |
Jan 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
Jan 2024 | Robbery | Under investigation | On or near Corbets Tey Road |
Jan 2024 | Other theft | Under investigation | On or near Corbets Tey Road |
Jan 2024 | Anti-social behaviour | On or near Corbets Tey Road |