£238,531
This estimated value is based upon the latest sale price for the house of £235,000 on 27 Nov 2023. 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 |
---|---|
£235,000 | 27 Nov 2023 |
£215,000 | 28 Feb 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £235,000 results in an estimated price of approximately £238,531.
27 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £235,000 | £3,531 | £238,531 |
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 | 14.570 % | £34,239 | £269,239 |
3 Month Average | -18.862 % | £-44,326 | £190,673 |
6 Month Average | -20.208 % | £-47,489 | £187,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £238,531 | £235,000 | FLAT 18 RIVERWOOD COURT, 101 STAFFORD AVENUE |
21 Jul 2023 | £240,740 | £237,500 | 2 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
15 Jun 2023 | £329,997 | £326,000 | 48 SOUTH BLOCK THE RAILSTORE KIDMAN CLOSE |
14 Apr 2023 | £303,265 | £300,000 | FLAT 37 RIVERWOOD COURT, 101 STAFFORD AVENUE |
28 Sep 2022 | £456,315 | £460,000 | 84 STAFFORD AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 9 Feb 2017. Using an estimated price of £238,531 means this house is valued at £3,727 per sq meter (£346 per sq foot).
The average size of a house on STAFFORD AVENUE is 65 sq meters (707 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Evelyn Sharp Close |