£439,678
This estimated value is based upon the latest sale price for the house of £325,000 on 16 May 2016. 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 |
---|---|
£325,000 | 16 May 2016 |
Semi-Detached |
Freehold |
Floor Area: 53 sq meters or 570 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 May 2016 the House Price Index for GREATER LONDON was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £325,000 results in an estimated price of approximately £439,678.
16 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 149.7 | 35.286 % | £325,000 | £114,678 | £439,678 |
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 | 32.629 % | £106,044 | £431,044 |
3 Month Average | 30.452 % | £98,970 | £423,970 |
6 Month Average | 32.053 % | £104,173 | £429,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Sep 2024 | £426,865 | £426,865 | 380 CHEPSTOW AVENUE |
17 Aug 2023 | £412,439 | £405,000 | 224 ALMA AVENUE |
24 Feb 2023 | £392,623 | £390,000 | 92 RAVENSCOURT DRIVE |
25 Jan 2023 | £571,527 | £570,000 | 349 CHEPSTOW AVENUE |
17 Jun 2022 | £495,594 | £485,000 | 50 PLUMPTON AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Apr 2015. Using an estimated price of £439,678 means this house is valued at £8,295 per sq meter (£770 per sq foot).
The average size of a house on ALMA AVENUE is 78 sq meters (849 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Chepstow Avenue | |
Sep 2024 | Anti-social behaviour | On or near Chepstow Avenue | |
Aug 2024 | Anti-social behaviour | On or near Chepstow Avenue | |
Aug 2024 | Anti-social behaviour | On or near Chepstow Avenue | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chepstow Avenue |