£592,919
This estimated value is based upon the latest sale price for the house of £475,000 on 6 Apr 2018. 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 |
---|---|
£475,000 | 6 Apr 2018 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £475,000 results in an estimated price of approximately £592,919.
6 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £475,000 | £117,919 | £592,919 |
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 | 8.750 % | £41,560 | £516,560 |
3 Month Average | 19.305 % | £91,697 | £566,697 |
6 Month Average | 21.824 % | £103,663 | £578,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Mar 2023 | £646,087 | £640,000 | 28 DEVONSHIRE ROAD |
25 Apr 2022 | £571,539 | £555,000 | 30 DEVONSHIRE ROAD |
23 Feb 2022 | £524,347 | £500,000 | 56 DEVONSHIRE ROAD |
14 Jan 2022 | £649,862 | £617,500 | 8 DEVONSHIRE ROAD |
10 Dec 2021 | £550,420 | £513,750 | 46 DEVONSHIRE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 29 Dec 2017. Using an estimated price of £592,920 means this house is valued at £7,905 per sq meter (£734 per sq foot).
The average size of a house on STANLEY ROAD is 99 sq meters (1,072 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 | Public order | Under investigation | On or near Devonshire Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Road |