£302,796
This estimated value is based upon the latest sale price for the house of £303,000 on 24 Feb 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Corbets Tey Road
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Suite 6 Essex House, Station Road, Upminster, Essex, RM14 2SJ
Phone: 01708573659
Price Paid | Date |
---|---|
£303,000 | 24 Feb 2023 |
£281,000 | 6 Jan 2017 |
£106,000 | 8 Mar 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 721 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 2023 the House Price Index for GREATER LONDON was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £303,000 results in an estimated price of approximately £302,796.
24 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £303,000 | £-203 | £302,796 |
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 | -5.827 % | £-17,655 | £285,344 |
3 Month Average | -17.745 % | £-53,767 | £249,232 |
6 Month Average | -13.119 % | £-39,750 | £263,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £1,018 | £1,000 | 48A CORBETS TEY ROAD |
25 Aug 2023 | £504,413 | £500,000 | 79 CORBETS TEY ROAD |
3 Jul 2023 | £304,093 | £300,000 | 31 SPRINGFIELD COURT SPRINGFIELD GARDENS |
24 Feb 2023 | £302,796 | £303,000 | 29 SPRINGFIELD COURT SPRINGFIELD GARDENS |
1 Nov 2022 | £523,657 | £530,000 | 2A STEWART AVENUE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 20 Oct 2021. Using an estimated price of £302,796 means this house is valued at £4,519 per sq meter (£419 per sq foot).
The average size of a house on SPRINGFIELD GARDENS is 111 sq meters (1,199 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
Jan 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Corbets Tey Road |
Jan 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
Jan 2024 | Robbery | Under investigation | On or near Corbets Tey Road |