£831,797
This estimated value is based upon the latest sale price for the house of £485,000 on 8 Feb 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Station Road, Upminster, RM14 2UB
Phone: 01708954248
Price Paid | Date |
---|---|
£485,000 | 8 Feb 2012 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 February 2012 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £485,000 results in an estimated price of approximately £831,797.
8 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.505 % | £485,000 | £346,797 | £831,797 |
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 | 99.676 % | £483,428 | £968,428 |
3 Month Average | 39.205 % | £190,141 | £675,141 |
6 Month Average | 44.730 % | £216,941 | £701,941 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £751,120 | £740,000 | 1 FAIRFIELD AVENUE |
12 Jun 2023 | £835,116 | £825,000 | 2 FAIRFIELD AVENUE |
25 Apr 2023 | £919,905 | £910,000 | 19 RUSHMERE AVENUE |
17 May 2022 | £789,883 | £775,000 | 30 FAIRFIELD AVENUE |
15 Oct 2021 | £674,952 | £610,000 | 12 FAIRFIELD AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 21 Jun 2011. Using an estimated price of £831,797 means this house is valued at £7,998 per sq meter (£743 per sq foot).
The average size of a house on FAIRFIELD AVENUE is 118 sq meters (1,273 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Shrubbery |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadow Way |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Roxburgh Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Meadow Way |