£1,111,889
This estimated value is based upon the latest sale price for the house of £740,000 on 2 Dec 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 |
|---|---|
| £740,000 | 2 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 147 sq meters or 1,582 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £740,000 results in an estimated price of approximately £1,111,889.
| 2 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £740,000 | £371,889 | £1,111,889 |
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 | 73.493 % | £543,851 | £1,283,851 |
| 3 Month Average | 58.435 % | £432,421 | £1,172,421 |
| 6 Month Average | 58.009 % | £429,266 | £1,169,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2024 | £680,000 | £680,000 | 22 LITTLE GAYNES GARDENS |
| 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 |
| 7 Apr 2022 | £902,557 | £870,000 | 49 LITTLE GAYNES LANE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 23 May 2014. Using an estimated price of £1,111,889 means this house is valued at £7,563 per sq meter (£702 per sq foot).
The average size of a house on LITTLE GAYNES LANE is 134 sq meters (1,448 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oak Avenue |
| Oct 2024 | Shoplifting | Under investigation | On or near Oak Avenue |