£411,259
This estimated value is based upon the latest sale price for the house of £266,000 on 30 May 2014. 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 |
---|---|
£266,000 | 30 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 2014 the House Price Index for GREATER LONDON was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £266,000 results in an estimated price of approximately £411,259.
30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £266,000 | £145,259 | £411,259 |
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 | 65.900 % | £175,294 | £441,294 |
3 Month Average | 28.753 % | £76,483 | £342,483 |
6 Month Average | 37.612 % | £100,048 | £366,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £511,889 | £505,000 | 68 DERBY AVENUE |
3 Jul 2023 | £475,398 | £469,000 | 63 CHELMSFORD DRIVE |
16 Mar 2023 | £618,830 | £613,000 | 48 DONCASTER WAY |
11 Nov 2022 | £543,418 | £550,000 | 66 DONCASTER WAY |
26 Aug 2022 | £578,443 | £580,000 | 32 LINGFIELD AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Nov 2013. Using an estimated price of £411,260 means this house is valued at £7,759 per sq meter (£720 per sq foot).
The average size of a house on DONCASTER WAY is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Doncaster Way |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Derby Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Derby Avenue |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Derby Avenue |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Hacton Lane |