£621,224
This estimated value is based upon the latest sale price for the house of £615,000 on 4 Jul 2022. 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 |
|---|---|
| £615,000 | 4 Jul 2022 |
| £488,500 | 4 May 2018 |
| £432,000 | 26 Feb 2015 |
| £240,000 | 30 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £615,000 results in an estimated price of approximately £621,224.
| 4 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £615,000 | £6,224 | £621,224 |
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 | 16.191 % | £99,571 | £714,571 |
| 3 Month Average | -2.089 % | £-12,845 | £602,154 |
| 6 Month Average | 1.168 % | £7,182 | £622,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £526,969 | £515,000 | 60 STANLEY ROAD |
| 23 Mar 2023 | £650,870 | £640,000 | 28 DEVONSHIRE ROAD |
| 3 Mar 2023 | £284,755 | £280,000 | FLAT 8 OLIVERS 13-19 THE AVENUE |
| 4 Jul 2022 | £621,225 | £615,000 | 14 STANLEY ROAD |
| 25 Apr 2022 | £575,769 | £555,000 | 30 DEVONSHIRE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Sep 2014. Using an estimated price of £621,225 means this house is valued at £5,973 per sq meter (£554 per sq foot).
The average size of a house on STANLEY ROAD is 99 sq meters (1,072 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Road |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ringwood Avenue |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ringwood Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Ringwood Avenue |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |