£274,615
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Apr 2018. 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 |
|---|---|
| £220,000 | 23 Apr 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 £220,000 results in an estimated price of approximately £274,615.
| 23 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £220,000 | £54,615 | £274,615 |
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 % | £19,249 | £239,249 |
| 3 Month Average | 19.305 % | £42,470 | £262,470 |
| 6 Month Average | 21.824 % | £48,012 | £268,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £268,734 | £270,000 | 3 NAUNTON WAY |
| 16 Jan 2023 | £457,843 | £460,000 | 77 SUTTONS LANE |
| 12 Aug 2022 | £633,295 | £635,000 | 8 SUTTONS LANE |
| 1 Aug 2022 | £204,450 | £205,000 | 14 NAUNTON WAY |
| 28 Jul 2022 | £215,580 | £215,000 | 33 NAUNTON WAY |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 17 May 2017. Using an estimated price of £274,615 means this house is valued at £4,224 per sq meter (£392 per sq foot).
The average size of a house on RANDALL DRIVE is 86 sq meters (926 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Webster Close |
| Jan 2024 | Anti-social behaviour | On or near Webster Close | |
| Jan 2024 | Anti-social behaviour | On or near Webster Close | |
| Jan 2024 | Anti-social behaviour | On or near Webster Close |