£724,282
This estimated value is based upon the latest sale price for the house of £540,000 on 8 Aug 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63 Station Road, Upminster, RM14 2SU
Phone: 01708573048
Price Paid | Date |
---|---|
£540,000 | 8 Aug 2016 |
£360,000 | 17 Mar 2004 |
Semi-Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 August 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £540,000 results in an estimated price of approximately £724,282.
8 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £540,000 | £184,282 | £724,282 |
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 | 62.392 % | £336,917 | £876,917 |
3 Month Average | 29.500 % | £159,300 | £699,300 |
6 Month Average | 30.819 % | £166,422 | £706,422 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2024 | £2,125,000 | £2,125,000 | 79 HALL LANE |
29 May 2024 | £800,000 | £800,000 | 57 SPENSER CRESCENT |
4 Dec 2023 | £840,837 | £815,000 | 37 RIVER DRIVE |
24 Apr 2023 | £14,690,286 | £14,415,517 | HALL LANE MINIATURE GOLF COURSE HALL LANE |
21 Feb 2023 | £664,438 | £660,000 | 26 SPENSER CRESCENT |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 22 Jul 2015. Using an estimated price of £724,282 means this house is valued at £5,794 per sq meter (£538 per sq foot).
The average size of a house on MASEFIELD DRIVE is 107 sq meters (1,154 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Hall Lane | |
Jul 2024 | Anti-social behaviour | On or near Hall Lane | |
Jul 2024 | Anti-social behaviour | On or near Hall Lane | |
Sep 2024 | Anti-social behaviour | On or near Chelmer Road | |
Sep 2024 | Anti-social behaviour | On or near Chelmer Road |