£490,023
This estimated value is based upon the latest sale price for the house of £375,000 on 20 Jan 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 |
|---|---|
| £375,000 | 20 Jan 2017 |
| £250,000 | 16 May 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 75 sq meters or 807 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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £375,000 results in an estimated price of approximately £490,023.
| 20 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £375,000 | £115,023 | £490,023 |
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 | 4.098 % | £15,369 | £390,369 |
| 3 Month Average | 20.758 % | £77,842 | £452,842 |
| 6 Month Average | 21.381 % | £80,178 | £455,178 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £482,138 | £475,000 | 16 CENTRAL DRIVE |
| 7 Jul 2023 | £601,090 | £593,000 | 7 CENTRAL DRIVE |
| 9 Jun 2023 | £404,905 | £400,000 | 343 GOODWOOD AVENUE |
| 25 Jan 2023 | £567,328 | £570,000 | 349 CHEPSTOW AVENUE |
| 13 May 2022 | £545,274 | £535,000 | 9 CENTRAL DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 28 Nov 2016. Using an estimated price of £490,023 means this house is valued at £6,533 per sq meter (£606 per sq foot).
The average size of a house on CENTRAL DRIVE is 89 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Goodwood Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodwood Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Plumpton Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chepstow Avenue |
| Jan 2024 | Anti-social behaviour | On or near Chepstow Avenue |