£300,579
This estimated value is based upon the latest sale price for the house of £297,950 on 21 Aug 2023. 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 |
|---|---|
| £297,950 | 21 Aug 2023 |
| £82,995 | 31 Jul 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 August 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £297,950 results in an estimated price of approximately £300,579.
| 21 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £297,950 | £2,629 | £300,579 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | -22.699 % | £-67,631 | £230,318 |
| 3 Month Average | -6.081 % | £-18,119 | £279,830 |
| 6 Month Average | -15.245 % | £-45,423 | £252,526 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £300,580 | £297,950 | FLAT 38 FALKIRK COURT FALKIRK CLOSE |
| 18 Aug 2023 | £504,413 | £500,000 | 2 FALKIRK CLOSE |
| 4 Jul 2023 | £527,094 | £520,000 | 35 HEDINGHAM ROAD |
| 21 Apr 2023 | £490,279 | £485,000 | 22 FALKIRK CLOSE |
| 20 Feb 2023 | £499,664 | £500,000 | 21 FALKIRK CLOSE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Jan 2016. Using an estimated price of £300,580 means this house is valued at £4,356 per sq meter (£404 per sq foot).
The average size of a house on FALKIRK CLOSE is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Falkirk Close |
| Apr 2024 | Other theft | Under investigation | On or near Hornminster Glen |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hornminster Glen |
| Apr 2024 | Anti-social behaviour | On or near Hornminster Glen | |
| Apr 2024 | Anti-social behaviour | On or near Hornminster Glen |