£279,551
This estimated value is based upon the latest sale price for the house of £162,500 on 25 Mar 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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39 Station Lane, Hornchurch, RM12 6JL
Phone: 01708573535
| Price Paid | Date |
|---|---|
| £162,500 | 25 Mar 2011 |
| £140,000 | 26 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2011 the House Price Index for GREATER LONDON was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £162,500 results in an estimated price of approximately £279,551.
| 25 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £162,500 | £117,051 | £279,551 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | 189.105 % | £307,295 | £469,795 |
| 3 Month Average | 74.975 % | £121,834 | £284,334 |
| 6 Month Average | 50.537 % | £82,121 | £244,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £756,619 | £750,000 | 30 ALLENBY DRIVE |
| 28 Jul 2023 | £278,752 | £275,000 | 49 CHAPLAINCY GARDENS |
| 30 Jun 2023 | £430,211 | £425,000 | 23 ALLENBY DRIVE |
| 23 Jun 2023 | £249,016 | £246,000 | 41 CHAPLAINCY GARDENS |
| 17 Mar 2023 | £275,596 | £273,000 | 17 CHAPLAINCY GARDENS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Mar 2020. Using an estimated price of £279,552 means this house is valued at £4,819 per sq meter (£447 per sq foot).
The average size of a house on CHAPLAINCY GARDENS is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Inskip Drive |
| Jan 2024 | Burglary | Under investigation | On or near Westland Avenue |