£848,044
This estimated value is based upon the latest sale price for the house of £499,999 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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91 Front Lane, Upminster, RM14 1XN
Phone: 01708954814
| Price Paid | Date |
|---|---|
| £499,999 | 22 Jun 2012 |
| £390,000 | 31 May 2006 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2012 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £499,999 results in an estimated price of approximately £848,044.
| 22 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £499,999 | £348,045 | £848,044 |
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 | 96.556 % | £482,778 | £982,777 |
| 3 Month Average | 42.944 % | £214,719 | £714,718 |
| 6 Month Average | 48.441 % | £242,205 | £742,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £495,666 | £496,000 | 13 SUNNYCROFT GARDENS |
| 26 Aug 2022 | £605,869 | £607,500 | 44 ACACIA GARDENS |
| 22 Jul 2022 | £300,810 | £300,000 | 29 SUNNYCROFT GARDENS |
| 31 Mar 2022 | £505,178 | £487,500 | 2 SUNNYCROFT GARDENS |
| 25 Feb 2022 | £561,052 | £535,000 | 6 ACACIA GARDENS |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 May 2011. Using an estimated price of £848,044 means this house is valued at £8,742 per sq meter (£812 per sq foot).
The average size of a house on FAIRHOLME GARDENS is 92 sq meters (996 sq feet).