£674,452
This estimated value is based upon the latest sale price for the house of £505,000 on 21 Jun 2016. 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 |
---|---|
£505,000 | 21 Jun 2016 |
£380,000 | 26 Feb 2014 |
Semi-Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2016 the House Price Index for GREATER LONDON was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £505,000 results in an estimated price of approximately £674,452.
21 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £505,000 | £169,452 | £674,452 |
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 | 21.105 % | £106,580 | £611,580 |
3 Month Average | 26.092 % | £131,767 | £636,767 |
6 Month Average | 32.873 % | £166,010 | £671,010 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £497,363 | £490,000 | 128 DEVONSHIRE ROAD |
9 Feb 2023 | £583,607 | £584,000 | 148 DEVONSHIRE ROAD |
31 Jan 2023 | £572,304 | £575,000 | 158 DEVONSHIRE ROAD |
15 Sep 2022 | £426,555 | £430,000 | 23 PRIORS PARK |
6 Jun 2022 | £410,805 | £405,000 | 6 STANLEY CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 7 Mar 2016. Using an estimated price of £674,452 means this house is valued at £5,528 per sq meter (£513 per sq foot).
The average size of a house on DEVONSHIRE ROAD is 96 sq meters (1,040 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stanley Close |
Mar 2024 | Vehicle crime | Under investigation | On or near Stanley Close |
Feb 2024 | Drugs | Under investigation | On or near Stanley Close |
Jan 2024 | Anti-social behaviour | On or near Stanley Close | |
Jan 2024 | Anti-social behaviour | On or near Stanley Close |