£438,973
This estimated value is based upon the latest sale price for the house of £210,000 on 10 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Mavis Grove
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39 Station Lane, Hornchurch, RM12 6JL
Phone: 01708573535
| Price Paid | Date |
|---|---|
| £210,000 | 10 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £210,000 results in an estimated price of approximately £438,973.
| 10 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £210,000 | £228,973 | £438,973 |
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 | 103.313 % | £216,958 | £426,958 |
| 3 Month Average | 131.954 % | £277,104 | £487,104 |
| 6 Month Average | 133.372 % | £280,080 | £490,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £412,212 | £405,000 | FLAT 7 68 STATION LANE |
| 25 Sep 2023 | £372,766 | £368,000 | GROUND FLOOR SHOP 9 STATION LANE |
| 12 Jun 2023 | £1,037,568 | £1,025,000 | SWAN HOUSE, 54 STATION LANE |
| 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 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 4 Dec 2018. Using an estimated price of £438,973 means this house is valued at £5,700 per sq meter (£529 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 | Burglary | Under investigation | On or near Mavis Grove |