£636,328
This estimated value is based upon the latest sale price for the house of £425,000 on 28 Nov 2014. 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 |
|---|---|
| £425,000 | 28 Nov 2014 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2014 the House Price Index for GREATER LONDON was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £425,000 results in an estimated price of approximately £636,328.
| 28 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 148.6 | 49.724 % | £425,000 | £211,328 | £636,328 |
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 | 23.799 % | £101,145 | £526,145 |
| 3 Month Average | 13.393 % | £56,922 | £481,922 |
| 6 Month Average | 24.983 % | £106,178 | £531,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £151,943 | £150,000 | 44 MOOR LANE |
| 21 Jul 2023 | £323,909 | £319,550 | 30 MOOR LANE |
| 29 Mar 2023 | £153,446 | £152,000 | 6B MOOR LANE |
| 24 Feb 2023 | £534,640 | £535,000 | 14 RUSTIC CLOSE |
| 30 Jun 2022 | £502,096 | £495,000 | 12 CRANHAM GARDENS |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Sep 2014. Using an estimated price of £636,328 means this house is valued at £5,485 per sq meter (£509 per sq foot).
The average size of a house on SILVER BIRCH MEWS is 167 sq meters (1,808 sq feet).
This house is the smallest in the street with a floor area of 116 sq meters (1,248 sq feet).