£497,791
This estimated value is based upon the latest sale price for the house of £234,950 on 23 Feb 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
16 Station Road, Upminster, RM14 2UB
Phone: 01708954248
| Price Paid | Date |
|---|---|
| £234,950 | 23 Feb 2004 |
| Flats/Maisonettes |
| Leasehold |
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 February 2004 the House Price Index for GREATER LONDON was 70.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 111.871%.Applying this 111.871% change to the original purchase price of £234,950 results in an estimated price of approximately £497,791.
| 23 Feb 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 70.1 | 148.6 | 111.871 % | £234,950 | £262,841 | £497,791 |
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 | 133.623 % | £313,947 | £548,897 |
| 3 Month Average | 74.194 % | £174,319 | £409,269 |
| 6 Month Average | 81.539 % | £191,576 | £426,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £322,824 | £320,000 | FLAT 4 CIRRUS COURT, 184 ST MARY'S LANE |
| 30 Mar 2023 | £423,995 | £420,000 | 193A ST MARY'S LANE |
| 1 Jul 2022 | £663,787 | £662,000 | 75 ST LAWRENCE ROAD |
| 5 May 2022 | £328,184 | £322,000 | 181A ST MARYS LANE |
| 25 Mar 2022 | £393,780 | £380,000 | APARTMENT 6 CRANMER COURT, 24 ST LAWRENCE ROAD |