£417,364
This estimated value is based upon the latest sale price for the house of £233,000 on 10 Nov 2008. 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 |
---|---|
£233,000 | 10 Nov 2008 |
Terraced |
Freehold |
Floor Area: 96 sq meters or 1,037 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 November 2008 the House Price Index for GREATER LONDON was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £233,000 results in an estimated price of approximately £417,364.
10 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 148.6 | 79.126 % | £233,000 | £184,364 | £417,364 |
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 | 85.766 % | £199,835 | £432,835 |
3 Month Average | 104.738 % | £244,039 | £477,039 |
6 Month Average | 95.934 % | £223,526 | £456,526 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Aug 2023 | £706,178 | £700,000 | 90A STATION LANE |
25 Nov 2022 | £298,880 | £302,500 | 26 FLORENCE CLOSE |
6 May 2022 | £305,761 | £300,000 | 157 STATION LANE |
29 Apr 2022 | £486,580 | £472,500 | 22 SUTTONS AVENUE |
19 Nov 2021 | £567,795 | £525,000 | 4 WARRINER AVENUE |
This house has a floor area of 96 sq meters or 1,037 sq feet when measured on 13 Oct 2008. Using an estimated price of £417,364 means this house is valued at £4,329 per sq meter (£402 per sq foot).
The average size of a house on STATION LANE is 77 sq meters (834 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Station Lane |
Jan 2024 | Burglary | Under investigation | On or near Laurel Lane |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Laurel Lane |
Jan 2024 | Anti-social behaviour | On or near Florence Close | |
Jan 2024 | Anti-social behaviour | On or near Florence Close |