£441,506
This estimated value is based upon the latest sale price for the house of £245,000 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
Price Paid | Date |
---|---|
£245,000 | 9 Dec 2005 |
£175,000 | 4 Jun 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 125 sq meters or 1,345 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 2005 the House Price Index for GREATER LONDON was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £245,000 results in an estimated price of approximately £441,506.
9 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 148.6 | 80.207 % | £245,000 | £196,506 | £441,506 |
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 | 91.204 % | £223,450 | £468,450 |
3 Month Average | 114.819 % | £281,305 | £526,305 |
6 Month Average | 104.527 % | £256,090 | £501,090 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Nov 2022 | £298,880 | £302,500 | 26 FLORENCE CLOSE |
6 Apr 2022 | £267,748 | £260,000 | FLAT 23 DRAPER COURT MAVIS GROVE |
4 Feb 2022 | £262,174 | £250,000 | FLAT 37 DRAPER COURT MAVIS GROVE |
10 Dec 2021 | £294,629 | £275,000 | FLAT 32 DRAPER COURT MAVIS GROVE |
2 Nov 2021 | £256,319 | £237,000 | FLAT 10 DRAPER COURT MAVIS GROVE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 8 Mar 2016. Using an estimated price of £441,507 means this house is valued at £3,532 per sq meter (£328 per sq foot).
The average size of a house on QUEENSIDE MEWS is 87 sq meters (937 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,345 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Florence Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Florence Close |