£878,171
This estimated value is based upon the latest sale price for the house of £378,000 on 4 Jul 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
| Price Paid | Date |
|---|---|
| £378,000 | 4 Jul 2003 |
| £145,000 | 30 May 1997 |
| Semi-Detached |
| Freehold |
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 July 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £378,000 results in an estimated price of approximately £878,171.
| 4 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £378,000 | £500,171 | £878,171 |
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 | 131.511 % | £497,112 | £875,112 |
| 3 Month Average | 85.235 % | £322,188 | £700,188 |
| 6 Month Average | 92.539 % | £349,795 | £727,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £1,018 | £1,000 | 48A CORBETS TEY ROAD |
| 4 Aug 2023 | £857,502 | £850,000 | 41 STEWART AVENUE |
| 1 Nov 2022 | £523,657 | £530,000 | 2A STEWART AVENUE |
| 27 Jun 2022 | £715,106 | £705,000 | 9 ELM AVENUE |
| 29 Oct 2021 | £802,197 | £725,000 | 34 SOUTHVIEW DRIVE |