£338,048
This estimated value is based upon the latest sale price for the house of £190,000 on 31 Mar 2006. 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 |
|---|---|
| £190,000 | 31 Mar 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 March 2006 the House Price Index for GREATER LONDON was 84.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 77.920%.Applying this 77.920% change to the original purchase price of £190,000 results in an estimated price of approximately £338,048.
| 31 Mar 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.1 | 149.7 | 77.920 % | £190,000 | £148,048 | £338,048 |
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 | 177.671 % | £337,574 | £527,574 |
| 3 Month Average | 129.430 % | £245,916 | £435,916 |
| 6 Month Average | 111.633 % | £212,103 | £402,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £200,743 | £199,000 | 24 BYRON MANSIONS CORBETS TEY ROAD |
| 23 Apr 2024 | £200,743 | £199,000 | 22 BYRON MANSIONS CORBETS TEY ROAD |
| 1 Mar 2024 | £299,603 | £295,000 | FLAT 3 4 BELLMAKER MEWS |
| 1 Dec 2023 | £1,032 | £1,000 | 48A CORBETS TEY ROAD |
| 13 Oct 2023 | £306,972 | £300,000 | 44 SPRINGFIELD COURT SPRINGFIELD GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 May 2019. Using an estimated price of £338,049 means this house is valued at £5,365 per sq meter (£498 per sq foot).
The average size of a house on SPRINGFIELD GARDENS is 111 sq meters (1,199 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Corbets Tey Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Corbets Tey Road |
| Aug 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
| Aug 2024 | Anti-social behaviour | On or near Corbets Tey Road | |
| Aug 2024 | Anti-social behaviour | On or near Corbets Tey Road |