£495,334
This estimated value is based upon the latest sale price for the house of £390,000 on 14 Aug 2017. 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 |
---|---|
£390,000 | 14 Aug 2017 |
£157,000 | 27 Jul 2001 |
Detached |
Freehold |
Floor Area: 77 sq meters or 828 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £390,000 results in an estimated price of approximately £495,334.
14 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £390,000 | £105,334 | £495,334 |
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 | 66.700 % | £260,129 | £650,129 |
3 Month Average | 2.682 % | £10,459 | £400,459 |
6 Month Average | -0.234 % | £-914 | £389,085 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £222,849 | £220,000 | 27 MOUNTBATTEN HOUSE ELVET AVENUE |
13 Jul 2023 | £438,907 | £433,000 | FLAT 51 NYALL COURT KIDMAN CLOSE |
27 Mar 2023 | £277,615 | £275,000 | 64A SQUIRRELS HEATH LANE |
14 Nov 2022 | £276,748 | £280,100 | FLAT 22 NYALL COURT KIDMAN CLOSE |
26 Oct 2022 | £563,928 | £570,000 | 84 SQUIRRELS HEATH LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 Jul 2017. Using an estimated price of £495,335 means this house is valued at £6,432 per sq meter (£597 per sq foot).
The average size of a house on SQUIRRELS HEATH LANE is 97 sq meters (1,047 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Woodcutters Close |
Jan 2024 | Anti-social behaviour | On or near Woodcutters Close | |
Jan 2024 | Anti-social behaviour | On or near Woodcutters Close | |
Jan 2024 | Anti-social behaviour | On or near Woodcutters Close |