£428,301
This estimated value is based upon the latest sale price for the house of £250,000 on 8 Apr 2011. 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 |
---|---|
£250,000 | 8 Apr 2011 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,018 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 April 2011 the House Price Index for GREATER LONDON was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £250,000 results in an estimated price of approximately £428,301.
8 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 148.6 | 71.321 % | £250,000 | £178,301 | £428,301 |
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 | 70.636 % | £176,590 | £426,590 |
3 Month Average | 106.753 % | £266,883 | £516,883 |
6 Month Average | 97.188 % | £242,971 | £492,971 |
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 |
22 Sep 2023 | £577,382 | £570,000 | 61 PLUMPTON AVENUE |
22 Sep 2023 | £496,346 | £490,000 | 14 PLUMPTON AVENUE |
24 Feb 2023 | £274,815 | £275,000 | 110 BEVAN WAY |
This house has a floor area of 94 sq meters or 1,018 sq feet when measured on 24 Feb 2011. Using an estimated price of £428,302 means this house is valued at £4,527 per sq meter (£420 per sq foot).
The average size of a house on CENTRAL DRIVE is 89 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Plumpton Avenue |