£390,122
This estimated value is based upon the latest sale price for the house of £230,000 on 21 May 2010. 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 |
---|---|
£230,000 | 21 May 2010 |
£248,500 | 5 Apr 2007 |
£240,000 | 23 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 May 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.618%.Applying this 69.618% change to the original purchase price of £230,000 results in an estimated price of approximately £390,122.
21 May 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.618 % | £230,000 | £160,122 | £390,122 |
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 | 66.566 % | £153,102 | £383,102 |
3 Month Average | 85.932 % | £197,644 | £427,644 |
6 Month Average | 90.636 % | £208,462 | £438,462 |
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 93 sq meters or 1,001 sq feet when measured on 16 Jun 2020. Using an estimated price of £390,122 means this house is valued at £4,194 per sq meter (£389 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 |