£339,626
This estimated value is based upon the latest sale price for the house of £317,000 on 21 Dec 2021. 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 |
---|---|
£317,000 | 21 Dec 2021 |
£231,500 | 21 Dec 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £317,000 results in an estimated price of approximately £339,626.
21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £317,000 | £22,626 | £339,626 |
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 | -20.872 % | £-66,165 | £250,834 |
3 Month Average | 14.130 % | £44,792 | £361,792 |
6 Month Average | 21.550 % | £68,313 | £385,313 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £291,500 | £291,500 | 12 HACTON PARADE |
15 Dec 2023 | £276,844 | £272,000 | 128 BEVAN WAY |
31 Jul 2023 | £511,889 | £505,000 | 68 DERBY AVENUE |
24 Feb 2023 | £274,815 | £275,000 | 110 BEVAN WAY |
21 Oct 2022 | £494,674 | £500,000 | 36 NEWMARKET WAY |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Aug 2021. Using an estimated price of £339,627 means this house is valued at £4,994 per sq meter (£464 per sq foot).
The average size of a house on EPSOM WAY is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haydock Close |
Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
Jan 2024 | Anti-social behaviour | On or near Epsom Way |