£342,515
This estimated value is based upon the latest sale price for the house of £202,500 on 14 Dec 2012. 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 |
---|---|
£202,500 | 14 Dec 2012 |
£193,000 | 31 Aug 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 534 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 2012 the House Price Index for GREATER LONDON was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £202,500 results in an estimated price of approximately £342,515.
14 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £202,500 | £140,015 | £342,515 |
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 | 83.617 % | £169,325 | £371,825 |
3 Month Average | 100.826 % | £204,172 | £406,672 |
6 Month Average | 87.471 % | £177,129 | £379,629 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £289,283 | £285,000 | FLAT 8 STONE HOUSE SUTTONS LANE |
25 Feb 2022 | £246,443 | £235,000 | 18 HUTCHINS CLOSE |
4 Oct 2021 | £254,490 | £230,000 | 12 STANDEN AVENUE |
14 Jul 2021 | £247,092 | £215,000 | 35 HUTCHINS CLOSE |
31 Mar 2021 | £317,236 | £285,000 | FLAT 12 STONE HOUSE SUTTONS LANE |
This house has a floor area of 49 sq meters or 534 sq feet when measured on 26 Jan 2011. Using an estimated price of £342,516 means this house is valued at £6,898 per sq meter (£640 per sq foot).
The average size of a house on SUTTONS LANE is 88 sq meters (956 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Hutchins Close |
Mar 2024 | Robbery | On or near Hornchurch (Lu Station) | |
Feb 2024 | Public order | On or near Hornchurch (Lu Station) | |
Feb 2024 | Public order | On or near Hornchurch (Lu Station) | |
Feb 2024 | Theft from the person | On or near Hornchurch (Lu Station) |