£600,116
This estimated value is based upon the latest sale price for the house of £525,000 on 15 Dec 2020. 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 |
|---|---|
| £525,000 | 15 Dec 2020 |
| £392,500 | 18 May 2015 |
| £208,000 | 5 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £525,000 results in an estimated price of approximately £600,116.
| 15 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £525,000 | £75,116 | £600,116 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 80.168 % | £420,880 | £945,880 |
| 3 Month Average | 4.861 % | £25,519 | £550,519 |
| 6 Month Average | -5.722 % | £-30,042 | £494,957 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £524,966 | £520,000 | 35 HEDINGHAM ROAD |
| 17 Feb 2023 | £452,858 | £455,000 | 61 SOMERSET GARDENS |
| 31 Aug 2022 | £422,148 | £425,000 | 57 SOMERSET GARDENS |
| 19 Aug 2022 | £511,544 | £515,000 | 31 HEDINGHAM ROAD |
| 21 Jul 2022 | £439,406 | £440,000 | 98 BENETS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Jul 2020. Using an estimated price of £600,117 means this house is valued at £6,742 per sq meter (£626 per sq foot).
The average size of a house on SOMERSET GARDENS is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Somerset Gardens |
| Jan 2024 | Vehicle crime | Under investigation | On or near Somerset Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Benets Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Frimley Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Frimley Avenue |