£827,826
This estimated value is based upon the latest sale price for the house of £550,000 on 18 Sep 2014. 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 |
|---|---|
| £550,000 | 18 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 September 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £550,000 results in an estimated price of approximately £827,826.
| 18 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £550,000 | £277,826 | £827,826 |
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 | 122.122 % | £671,669 | £1,221,669 |
| 3 Month Average | 31.440 % | £172,919 | £722,919 |
| 6 Month Average | 27.812 % | £152,966 | £702,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £871,138 | £860,000 | 19 ACACIA DRIVE |
| 7 Jul 2023 | £562,572 | £555,000 | 4 ACACIA DRIVE |
| 16 Jun 2023 | £676,039 | £667,850 | 16 LIME AVENUE |
| 19 Aug 2022 | £774,914 | £777,000 | 98 GAYNES PARK ROAD |
| 8 Jul 2022 | £902,429 | £900,000 | 10 ACACIA DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Apr 2014. Using an estimated price of £827,826 means this house is valued at £7,665 per sq meter (£712 per sq foot).
The average size of a house on GAYNES PARK ROAD is 135 sq meters (1,463 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
| Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
| Jan 2024 | Anti-social behaviour | On or near Gaynes Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Gaynes Park Road | |
| Dec 2023 | Anti-social behaviour | On or near Gaynes Park Road |