£834,458
This estimated value is based upon the latest sale price for the house of £177,750 on 19 Jun 1998. 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 |
---|---|
£177,750 | 19 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 June 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 369.456%.Applying this 369.456% change to the original purchase price of £177,750 results in an estimated price of approximately £834,458.
19 Jun 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 148.6 | 369.456 % | £177,750 | £656,708 | £834,458 |
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 | 362.231 % | £643,865 | £821,615 |
3 Month Average | 250.468 % | £445,206 | £622,956 |
6 Month Average | 275.390 % | £489,505 | £667,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £608,186 | £600,000 | 95 ST MARYS LANE |
24 Mar 2023 | £416,423 | £412,500 | FLAT 21 MILLSTONE HOUSE, 80 ST MARY'S LANE |
11 May 2022 | £840,844 | £825,000 | CHELDON CRANBORNE GARDENS |
7 Apr 2022 | £921,670 | £895,000 | 9 CRANBORNE GARDENS |
25 Mar 2022 | £813,466 | £785,000 | 2 HIGHVIEW GARDENS |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 1 Aug 2014. Using an estimated price of £834,459 means this house is valued at £5,119 per sq meter (£475 per sq foot).
The average size of a house on CHAMPION ROAD is 104 sq meters (1,121 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).