£471,708
This estimated value is based upon the latest sale price for the house of £370,000 on 13 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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209 Station Lane, Hornchurch, RM12 6LL
Phone: 01708573759
Price Paid | Date |
---|---|
£370,000 | 13 Jul 2017 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £370,000 results in an estimated price of approximately £471,708.
13 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £370,000 | £101,708 | £471,708 |
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 | -1.313 % | £-4,857 | £365,142 |
3 Month Average | 18.987 % | £70,253 | £440,253 |
6 Month Average | 21.925 % | £81,122 | £451,122 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £639,467 | £630,000 | 90 SWANBOURNE DRIVE |
29 Aug 2023 | £524,589 | £520,000 | 8 CHRISTOPHER CLOSE |
28 Jul 2022 | £551,485 | £550,000 | 98 SUTTONS LANE |
30 Jun 2022 | £507,167 | £500,000 | 78 CHEVINGTON WAY |
17 Jun 2022 | £444,279 | £438,000 | 104 CHEVINGTON WAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Feb 2017. Using an estimated price of £471,709 means this house is valued at £4,813 per sq meter (£447 per sq foot).
The average size of a house on SUTTONS LANE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Inglewood Close |