£654,842
This estimated value is based upon the latest sale price for the house of £525,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
| Price Paid | Date |
|---|---|
| £525,000 | 25 May 2018 |
| £392,500 | 2 Jul 2014 |
| £134,000 | 16 Jun 1995 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £525,000 results in an estimated price of approximately £654,842.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £525,000 | £129,842 | £654,842 |
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 | 19.308 % | £101,369 | £626,369 |
| 3 Month Average | -5.853 % | £-30,727 | £494,272 |
| 6 Month Average | -2.160 % | £-11,339 | £513,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £327,868 | £325,000 | 4 GROVE COURT |
| 10 Jul 2023 | £618,322 | £610,000 | 27 THE GROVE |
| 22 Jun 2023 | £921,158 | £910,000 | 34 THE GROVE |
| 29 Mar 2023 | £827,799 | £820,000 | 60 SYCAMORE AVENUE |
| 23 May 2022 | £881,612 | £865,000 | 9A THE GROVE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 May 2018. Using an estimated price of £654,843 means this house is valued at £6,007 per sq meter (£558 per sq foot).
The average size of a house on MURFITT WAY is 136 sq meters (1,467 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tawny Avenue |
| Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
| Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road |