£766,364
This estimated value is based upon the latest sale price for the house of £151,000 on 20 Aug 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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16 Station Road, Upminster, RM14 2UB
Phone: 01708954248
Price Paid | Date |
---|---|
£151,000 | 20 Aug 1997 |
Semi-Detached |
Freehold |
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 August 1997 the House Price Index for GREATER LONDON was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £151,000 results in an estimated price of approximately £766,364.
20 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.5 | 149.7 | 407.526 % | £151,000 | £615,364 | £766,364 |
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 | 515.389 % | £778,237 | £929,237 |
3 Month Average | 487.638 % | £736,333 | £887,333 |
6 Month Average | 461.507 % | £696,875 | £847,875 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £604,284 | £595,000 | 67 SUNNYSIDE GARDENS |
4 Mar 2024 | £726,157 | £715,000 | 52 DERHAM GARDENS |
11 Dec 2023 | £665,448 | £645,000 | 50 DERHAM GARDENS |
8 Dec 2023 | £619,021 | £600,000 | 82 DERHAM GARDENS |
6 Apr 2023 | £963,012 | £945,000 | 71 SPRINGFIELD GARDENS |
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Derham Gardens |
Aug 2024 | Anti-social behaviour | On or near Derham Gardens | |
Aug 2024 | Anti-social behaviour | On or near Derham Gardens | |
Aug 2024 | Anti-social behaviour | On or near Derham Gardens | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springfield Gardens |