£546,260
This estimated value is based upon the latest sale price for the house of £342,000 on 10 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
| Price Paid | Date |
|---|---|
| £342,000 | 10 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £342,000 results in an estimated price of approximately £546,260.
| 10 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £342,000 | £204,260 | £546,260 |
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 | 52.826 % | £180,664 | £522,664 |
| 3 Month Average | 72.284 % | £247,209 | £589,209 |
| 6 Month Average | 78.359 % | £267,986 | £609,986 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £676,812 | £680,000 | 24 SPINGATE CLOSE |
| 30 Aug 2022 | £598,389 | £600,000 | 4 TYLERS CRESCENT |
| 22 Mar 2022 | £601,032 | £580,000 | 13 SPINGATE CLOSE |
| 25 Feb 2022 | £665,921 | £635,000 | 4 WENDOVER WAY |
| 10 Sep 2021 | £581,900 | £540,000 | 128 SWANBOURNE DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 15 Mar 2013. Using an estimated price of £546,261 means this house is valued at £5,105 per sq meter (£474 per sq foot).
The average size of a house on SWANBOURNE DRIVE is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Veny Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter Drive |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hunter Drive |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Inglewood Close |