£420,506
This estimated value is based upon the latest sale price for the house of £246,500 on 4 Jul 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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179 Squirrels Heath Lane, Hornchurch, RM11 2DX
Phone: 01708573002
| Price Paid | Date |
|---|---|
| £246,500 | 4 Jul 2011 |
| £237,000 | 28 Jun 2005 |
| £212,500 | 23 May 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,069 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 July 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.591%.Applying this 70.591% change to the original purchase price of £246,500 results in an estimated price of approximately £420,506.
| 4 Jul 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.591 % | £246,500 | £174,006 | £420,506 |
The Postcode Pricing Model uses changes in average sales price within the RM2 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 | 71.698 % | £176,734 | £423,234 |
| 3 Month Average | 77.068 % | £189,972 | £436,472 |
| 6 Month Average | 69.717 % | £171,851 | £418,351 |
This house has a floor area of 99 sq meters or 1,069 sq feet when measured on 21 Oct 2010.
The average size of a house on FARNES DRIVE is 104 sq meters (1,126 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Farnes Drive |
| Jan 2024 | Other crime | Under investigation | On or near Farnes Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnes Drive |
| Jan 2024 | Shoplifting | Under investigation | On or near Shopping Area |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Shopping Area |