£498,927
This estimated value is based upon the latest sale price for the house of £400,000 on 25 May 2018. 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 |
|---|---|
| £400,000 | 25 May 2018 |
| £76,995 | 27 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £400,000 results in an estimated price of approximately £498,927.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £400,000 | £98,927 | £498,927 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 19.308 % | £77,233 | £477,233 |
| 3 Month Average | -5.853 % | £-23,411 | £376,588 |
| 6 Month Average | -2.160 % | £-8,639 | £391,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £409,802 | £402,632 | 18 CHELMSFORD DRIVE |
| 8 Nov 2023 | £563,340 | £555,000 | 8 BEVAN WAY |
| 10 Mar 2023 | £625,897 | £620,000 | 73 GRANTON AVENUE |
| 26 Oct 2022 | £480,823 | £486,000 | 12 BEVAN WAY |
| 29 Jul 2022 | £491,323 | £490,000 | 3 CLEMENT WAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Sep 2017. Using an estimated price of £498,928 means this house is valued at £6,084 per sq meter (£565 per sq foot).
The average size of a house on CLEMENT WAY is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clement Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bevan Way |
| Jan 2024 | Burglary | Under investigation | On or near Kenley Gardens |