£317,502
This estimated value is based upon the latest sale price for the house of £137,995 on 22 Aug 2003. 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 |
|---|---|
| £137,995 | 22 Aug 2003 |
| £89,500 | 8 Nov 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 August 2003 the House Price Index for GREATER LONDON was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £137,995 results in an estimated price of approximately £317,502.
| 22 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £137,995 | £179,507 | £317,502 |
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 | 150.089 % | £207,114 | £345,109 |
| 3 Month Average | 87.371 % | £120,568 | £258,563 |
| 6 Month Average | 92.601 % | £127,784 | £265,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £492,288 | £485,000 | 17 TABRUMS WAY |
| 19 Sep 2023 | £481,152 | £475,000 | 15 TABRUMS WAY |
| 18 Sep 2023 | £303,885 | £300,000 | 100 AVON COURT AVON ROAD |
| 28 Jun 2023 | £273,311 | £270,000 | 140 AVON COURT AVON ROAD |
| 21 Apr 2023 | £454,898 | £450,000 | 22 TABRUMS WAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 12 Mar 2015. Using an estimated price of £317,503 means this house is valued at £5,121 per sq meter (£475 per sq foot).
The average size of a house on FRONT LANE is 90 sq meters (976 sq feet).