£978,791
This estimated value is based upon the latest sale price for the house of £675,000 on 29 Jul 2015. 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 |
|---|---|
| £675,000 | 29 Jul 2015 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,611 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £675,000 results in an estimated price of approximately £978,791.
| 29 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £675,000 | £303,791 | £978,791 |
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 | 8.881 % | £59,947 | £734,947 |
| 3 Month Average | 37.138 % | £250,678 | £925,678 |
| 6 Month Average | 42.668 % | £288,011 | £963,011 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £875,000 | £875,000 | 28 ELM AVENUE |
| 9 May 2024 | £1,000,000 | £1,000,000 | 27 ELM AVENUE |
| 25 Jan 2023 | £736,969 | £735,000 | 23 GAYNES PARK ROAD |
| 11 Jul 2022 | £772,743 | £765,000 | 33 GAYNES PARK ROAD |
| 8 Jul 2022 | £1,060,628 | £1,050,000 | 28 LITTLE GAYNES LANE |
This house has a floor area of 149 sq meters or 1,611 sq feet when measured on 13 May 2011. Using an estimated price of £978,791 means this house is valued at £6,538 per sq meter (£607 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 |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oak Avenue |
| Oct 2024 | Shoplifting | Under investigation | On or near Oak Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B1421 |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near B1421 |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Elm Avenue |