£310,234
This estimated value is based upon the latest sale price for the house of £180,000 on 11 Nov 2011. 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 |
---|---|
£180,000 | 11 Nov 2011 |
£105,000 | 13 Apr 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 559 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 November 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £180,000 results in an estimated price of approximately £310,234.
11 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £180,000 | £130,234 | £310,234 |
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 | 89.384 % | £160,891 | £340,891 |
3 Month Average | 89.302 % | £160,743 | £340,743 |
6 Month Average | 92.355 % | £166,239 | £346,239 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £646,087 | £640,000 | 28 DEVONSHIRE ROAD |
3 Mar 2023 | £282,663 | £280,000 | FLAT 8 OLIVERS 13-19 THE AVENUE |
4 Jul 2022 | £616,660 | £615,000 | 14 STANLEY ROAD |
25 Apr 2022 | £571,539 | £555,000 | 30 DEVONSHIRE ROAD |
23 Feb 2022 | £524,347 | £500,000 | 56 DEVONSHIRE ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 9 Jun 2017. Using an estimated price of £310,234 means this house is valued at £5,966 per sq meter (£554 per sq foot).
The average size of a house on STANLEY ROAD is 99 sq meters (1,072 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (559 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Stanley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ringwood Avenue |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |