£296,064
This estimated value is based upon the latest sale price for the house of £201,500 on 2 Apr 2015. 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 |
|---|---|
| £201,500 | 2 Apr 2015 |
| £122,500 | 31 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £201,500 results in an estimated price of approximately £296,064.
| 2 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £201,500 | £94,564 | £296,064 |
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 | 36.402 % | £73,349 | £274,849 |
| 3 Month Average | 62.901 % | £126,746 | £328,246 |
| 6 Month Average | 60.493 % | £121,892 | £323,392 |
| 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 |
| 31 Jul 2023 | £511,889 | £505,000 | 68 DERBY AVENUE |
| 24 Feb 2023 | £274,815 | £275,000 | 110 BEVAN WAY |
| 26 Oct 2022 | £480,823 | £486,000 | 12 BEVAN WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 3 May 2013. Using an estimated price of £296,065 means this house is valued at £4,229 per sq meter (£392 per sq foot).
The average size of a house on EPSOM WAY is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way |