£877,195
This estimated value is based upon the latest sale price for the house of £710,000 on 6 Jun 2019. 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 |
---|---|
£710,000 | 6 Jun 2019 |
£247,000 | 20 Feb 2002 |
£125,000 | 31 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 134 sq meters or 1,442 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £710,000 results in an estimated price of approximately £877,195.
6 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £710,000 | £167,195 | £877,195 |
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 | 37.176 % | £263,951 | £973,951 |
3 Month Average | 0.628 % | £4,456 | £714,456 |
6 Month Average | 11.187 % | £79,427 | £789,427 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jan 2023 | £557,374 | £560,000 | 8 HOWARD ROAD |
1 Jul 2022 | £663,787 | £662,000 | 75 ST LAWRENCE ROAD |
7 Feb 2022 | £644,947 | £615,000 | 7 ST LAWRENCE ROAD |
10 Sep 2021 | £13,201 | £12,250 | GARAGE AT THE BACK OF 69 ST LAWRENCE ROAD |
29 Jun 2021 | £563,285 | £525,000 | 61 HOWARD ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 8 Jul 2016. Using an estimated price of £877,196 means this house is valued at £6,546 per sq meter (£608 per sq foot).
The average size of a house on HOWARD ROAD is 86 sq meters (930 sq feet).