£556,489
This estimated value is based upon the latest sale price for the house of £480,000 on 2 Nov 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 |
|---|---|
| £480,000 | 2 Nov 2020 |
| £250,000 | 12 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £480,000 results in an estimated price of approximately £556,489.
| 2 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £480,000 | £76,489 | £556,489 |
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 | -6.569 % | £-31,531 | £448,468 |
| 3 Month Average | 14.836 % | £71,214 | £551,214 |
| 6 Month Average | 14.103 % | £67,692 | £547,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £519,082 | £510,000 | 1 KENLEY GARDENS |
| 19 Jan 2023 | £527,515 | £530,000 | 3 HIGHFIELD WAY |
| 13 Oct 2022 | £296,804 | £300,000 | FLAT 2 SPIRE VIEW COURT, 35 UPMINSTER ROAD |
| 17 Dec 2021 | £776,748 | £725,000 | 15 HIGHFIELD ROAD |
| 24 Nov 2021 | £584,017 | £540,000 | 199 RAVENSCOURT GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Jul 2020. Using an estimated price of £556,490 means this house is valued at £6,252 per sq meter (£580 per sq foot).
The average size of a house on HACTON LANE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Highfield Road |
| Jan 2024 | Burglary | Under investigation | On or near Kenley Gardens |