£502,973
This estimated value is based upon the latest sale price for the house of £410,000 on 9 Dec 2019. 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 |
|---|---|
| £410,000 | 9 Dec 2019 |
| £275,000 | 19 Dec 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £410,000 results in an estimated price of approximately £502,973.
| 9 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £410,000 | £92,973 | £502,973 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | -12.225 % | £-50,120 | £359,879 |
| 3 Month Average | 15.232 % | £62,450 | £472,450 |
| 6 Month Average | 5.560 % | £22,796 | £432,796 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £409,802 | £402,632 | 18 CHELMSFORD DRIVE |
| 16 Mar 2023 | £618,830 | £613,000 | 48 DONCASTER WAY |
| 29 Jul 2022 | £491,323 | £490,000 | 3 CLEMENT WAY |
| 10 Jun 2022 | £433,628 | £427,500 | 13 DONCASTER WAY |
| 28 Apr 2022 | £540,645 | £525,000 | 33 DONCASTER WAY |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 22 Jul 2019. Using an estimated price of £502,973 means this house is valued at £8,245 per sq meter (£766 per sq foot).
The average size of a house on CHELMSFORD DRIVE is 86 sq meters (934 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clement Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bevan Way |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Granton Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hacton Lane |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hacton Lane |