£360,024
This estimated value is based upon the latest sale price for the house of £236,000 on 1 Aug 2014. 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 |
---|---|
£236,000 | 1 Aug 2014 |
£179,000 | 6 Jun 2006 |
£85,000 | 29 Mar 1999 |
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 2014 the House Price Index for GREATER LONDON was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £236,000 results in an estimated price of approximately £360,024.
1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.1 | 149.7 | 52.553 % | £236,000 | £124,024 | £360,024 |
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 | 63.380 % | £149,577 | £385,577 |
3 Month Average | 68.251 % | £161,073 | £397,073 |
6 Month Average | 64.263 % | £151,660 | £387,660 |
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 69 sq meters or 742 sq feet when measured on 14 Mar 2014. Using an estimated price of £360,025 means this house is valued at £5,217 per sq meter (£484 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 |