1A, CHIPPERFIELD CLOSE, UPMINSTER, RM14 3EA - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1A CHIPPERFIELD CLOSE is a small flat of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £263,446. It was last sold for £247,500 in August 2018, which was around 5% above the average August 2018 flat price in the Havering local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was D.

1A CHIPPERFIELD CLOSE Sold Prices

Land registry data shows four sales for 1A CHIPPERFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Havering local authority area for the corresponding sale date. Most of the four 1A CHIPPERFIELD CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 6 AUG	£247,500	£235,800	5% above HPI
2016 17 FEB	£225,000	£205,967	9% above HPI
2014 3 FEB	£172,500	£155,566	11% above HPI
1997 30 JUN	£46,000	£50,649	9% below HPI

What might 1A CHIPPERFIELD CLOSE be worth now?

1A CHIPPERFIELD CLOSE might now be worth an estimated £263,446.

This is based on house price inflation of 6.4%, between August 2018 and April 2026, for flats, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 1A CHIPPERFIELD CLOSE of £247,500 on 6th August 2018. For the value to have increased from £247,500 to £263,446 over the eight years and four months to April 2026, the following assumptions must hold true:

• The value of 1A CHIPPERFIELD CLOSE has moved in line with the HPI for flats in the Havering local authority area.
• The August 2018 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 1A CHIPPERFIELD CLOSE has not materially changed since August 2018.

How Large is 1A CHIPPERFIELD CLOSE?

1A CHIPPERFIELD CLOSE is 52m² according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of flats in London, based on EPC data. 32% of flats are smaller than 1A CHIPPERFIELD CLOSE, and 68% of flats are larger. Note that EPC data is not available for all properties in London.

Where is 1A CHIPPERFIELD CLOSE?

1A CHIPPERFIELD CLOSE is located in UPMINSTER, in the RM14 postcode district.