£863,868
This estimated value is based upon the latest sale price for the house of £775,000 on 15 Oct 2021. 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 |
|---|---|
| £775,000 | 15 Oct 2021 |
| £365,000 | 16 Apr 2009 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 October 2021 the House Price Index for GREATER LONDON was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £775,000 results in an estimated price of approximately £863,868.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £775,000 | £88,868 | £863,868 |
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 | 1.103 % | £8,545 | £783,545 |
| 3 Month Average | 40.561 % | £314,344 | £1,089,344 |
| 6 Month Average | 23.111 % | £179,106 | £954,106 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £598,387 | £580,000 | 28 ACACIA DRIVE |
| 25 Sep 2023 | £879,385 | £860,000 | 19 ACACIA DRIVE |
| 16 Jun 2023 | £681,507 | £667,850 | 16 LIME AVENUE |
| 19 Aug 2022 | £780,650 | £777,000 | 98 GAYNES PARK ROAD |
| 8 Jul 2022 | £909,109 | £900,000 | 10 ACACIA DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 28 Dec 2019. Using an estimated price of £863,868 means this house is valued at £6,966 per sq meter (£647 per sq foot).
The average size of a house on CEDAR AVENUE is 104 sq meters (1,125 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acacia Drive |
| Oct 2024 | Anti-social behaviour | On or near Sycamore Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Derby Avenue |