£507,676
This estimated value is based upon the latest sale price for the house of £300,000 on 7 Nov 2012. 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 |
|---|---|
| £300,000 | 7 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £300,000 results in an estimated price of approximately £507,676.
| 7 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £300,000 | £207,676 | £507,676 |
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 | 78.303 % | £234,910 | £534,910 |
| 3 Month Average | 37.127 % | £111,382 | £411,382 |
| 6 Month Average | 42.454 % | £127,360 | £427,360 |
| 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 |
| 26 Oct 2022 | £480,823 | £486,000 | 12 BEVAN WAY |
| 29 Jul 2022 | £491,323 | £490,000 | 3 CLEMENT WAY |
| 6 Jan 2022 | £454,640 | £432,000 | 6 CHELMSFORD DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 15 May 2012. Using an estimated price of £507,677 means this house is valued at £4,339 per sq meter (£403 per sq foot).
The average size of a house on CLEMENT WAY is 101 sq meters (1,093 sq feet).
This house is the largest in the street with a floor area of 117 sq meters (1,259 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 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
| Jan 2024 | Anti-social behaviour | On or near Epsom Way |