£409,508
This estimated value is based upon the latest sale price for the house of £340,000 on 16 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
Price Paid | Date |
---|---|
£340,000 | 16 Mar 2020 |
£225,000 | 4 Aug 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £340,000 results in an estimated price of approximately £409,508.
16 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 148.6 | 20.444 % | £340,000 | £69,508 | £409,508 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | -9.040 % | £-30,737 | £309,262 |
3 Month Average | 31.970 % | £108,699 | £448,699 |
6 Month Average | 18.853 % | £64,100 | £404,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Nov 2022 | £298,880 | £302,500 | 26 FLORENCE CLOSE |
6 Apr 2022 | £267,748 | £260,000 | FLAT 23 DRAPER COURT MAVIS GROVE |
4 Feb 2022 | £262,174 | £250,000 | FLAT 37 DRAPER COURT MAVIS GROVE |
10 Dec 2021 | £294,629 | £275,000 | FLAT 32 DRAPER COURT MAVIS GROVE |
2 Nov 2021 | £256,319 | £237,000 | FLAT 10 DRAPER COURT MAVIS GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 3 Dec 2019. Using an estimated price of £409,509 means this house is valued at £5,687 per sq meter (£528 per sq foot).
The average size of a house on QUEENSIDE MEWS is 87 sq meters (937 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Florence Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Florence Close |