£648,838
This estimated value is based upon the latest sale price for the house of £462,500 on 6 Nov 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 |
|---|---|
| £462,500 | 6 Nov 2015 |
| £295,000 | 4 Dec 2003 |
| £125,000 | 11 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 November 2015 the House Price Index for GREATER LONDON was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £462,500 results in an estimated price of approximately £648,838.
| 6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £462,500 | £186,338 | £648,838 |
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 | 56.519 % | £261,400 | £723,900 |
| 3 Month Average | 36.369 % | £168,205 | £630,705 |
| 6 Month Average | 32.028 % | £148,127 | £610,627 |
| 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 |
| 29 Aug 2023 | £529,551 | £520,000 | 33 SYCAMORE AVENUE |
| 5 Jun 2023 | £908,200 | £890,000 | 21 SYCAMORE AVENUE |
| 17 Feb 2023 | £714,775 | £710,000 | 47 SYCAMORE AVENUE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Oct 2014. Using an estimated price of £648,838 means this house is valued at £7,130 per sq meter (£662 per sq foot).
The average size of a house on ACACIA DRIVE is 107 sq meters (1,155 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 | |
| Jul 2024 | Anti-social behaviour | On or near South View Drive |