£812,231
This estimated value is based upon the latest sale price for the house of £475,000 on 1 Apr 2010. 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 |
---|---|
£475,000 | 1 Apr 2010 |
£365,000 | 24 Jan 2003 |
Semi-Detached |
Freehold |
Floor Area: 164 sq meters or 1,765 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 April 2010 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £475,000 results in an estimated price of approximately £812,231.
1 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 149.7 | 70.996 % | £475,000 | £337,231 | £812,231 |
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 | 91.881 % | £436,436 | £911,436 |
3 Month Average | 79.846 % | £379,269 | £854,269 |
6 Month Average | 86.878 % | £412,672 | £887,672 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £598,387 | £580,000 | 28 ACACIA DRIVE |
31 Oct 2023 | £299,298 | £292,500 | 7 GROVE COURT |
23 Aug 2023 | £330,969 | £325,000 | 4 GROVE COURT |
29 Mar 2023 | £833,927 | £820,000 | 60 SYCAMORE AVENUE |
19 Aug 2022 | £780,650 | £777,000 | 98 GAYNES PARK ROAD |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 27 Feb 2014. Using an estimated price of £812,231 means this house is valued at £4,952 per sq meter (£460 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 |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Little Gaynes Lane |
Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Little Gaynes Lane |
Oct 2024 | Anti-social behaviour | On or near Sycamore Avenue | |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Murfitt Way |
Sep 2024 | Anti-social behaviour | On or near Murfitt Way |