£724,793
This estimated value is based upon the latest sale price for the house of £465,000 on 29 Jan 2008. 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 |
|---|---|
| £465,000 | 29 Jan 2008 |
| 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 January 2008 the House Price Index for GREATER LONDON was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £465,000 results in an estimated price of approximately £724,793.
| 29 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £465,000 | £259,793 | £724,793 |
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 | 57.089 % | £265,462 | £730,462 |
| 3 Month Average | 34.313 % | £159,553 | £624,553 |
| 6 Month Average | 37.905 % | £176,258 | £641,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £608,186 | £600,000 | 95 ST MARYS LANE |
| 24 Mar 2023 | £416,423 | £412,500 | FLAT 21 MILLSTONE HOUSE, 80 ST MARY'S LANE |
| 11 May 2022 | £840,844 | £825,000 | CHELDON CRANBORNE GARDENS |
| 7 Apr 2022 | £921,670 | £895,000 | 9 CRANBORNE GARDENS |
| 25 Mar 2022 | £813,466 | £785,000 | 2 HIGHVIEW GARDENS |