£572,323
This estimated value is based upon the latest sale price for the house of £495,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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91 Front Lane, Upminster, RM14 1XN
Phone: 01708954814
| Price Paid | Date |
|---|---|
| £495,000 | 11 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £495,000 results in an estimated price of approximately £572,323.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £495,000 | £77,323 | £572,323 |
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 | 21.964 % | £108,722 | £603,722 |
| 3 Month Average | 14.432 % | £71,437 | £566,437 |
| 6 Month Average | 10.196 % | £50,470 | £545,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £497,646 | £490,000 | 24 NYTH CLOSE |
| 19 Dec 2023 | £577,753 | £560,000 | 167 SEVERN DRIVE |
| 17 Mar 2023 | £457,643 | £450,000 | 2 NYTH CLOSE |
| 21 Nov 2022 | £527,533 | £530,000 | 42 FLEET AVENUE |
| 9 Sep 2022 | £629,579 | £630,000 | 56 HUMBER DRIVE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Sep 2020. Using an estimated price of £572,324 means this house is valued at £5,840 per sq meter (£542 per sq foot).
The average size of a house on SEVERN DRIVE is 99 sq meters (1,068 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Trent Avenue |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colne Valley |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avon Road |
| Sep 2024 | Anti-social behaviour | On or near Chelmer Road | |
| Sep 2024 | Anti-social behaviour | On or near Chelmer Road |