£575,974
This estimated value is based upon the latest sale price for the house of £209,995 on 29 Aug 2002. 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 |
|---|---|
| £209,995 | 29 Aug 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 August 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £209,995 results in an estimated price of approximately £575,974.
| 29 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £209,995 | £365,979 | £575,974 |
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 | 137.675 % | £289,110 | £499,105 |
| 3 Month Average | 175.018 % | £367,529 | £577,524 |
| 6 Month Average | 185.222 % | £388,956 | £598,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £298,821 | £295,000 | 3A MATLOCK GARDENS |
| 24 Aug 2023 | £706,178 | £700,000 | 90A STATION LANE |
| 2 Aug 2023 | £605,295 | £600,000 | 6 SUTTONS GARDENS |
| 23 Jan 2023 | £283,664 | £285,000 | 6 MATLOCK GARDENS |
| 6 May 2022 | £305,761 | £300,000 | 157 STATION LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 5 Sep 2012. Using an estimated price of £575,975 means this house is valued at £4,056 per sq meter (£376 per sq foot).
The average size of a house on STATION LANE is 77 sq meters (834 sq feet).