£414,047
This estimated value is based upon the latest sale price for the house of £87,750 on 31 Mar 1998. 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 |
---|---|
£87,750 | 31 Mar 1998 |
£66,000 | 23 Oct 1995 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 March 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 371.849%.Applying this 371.849% change to the original purchase price of £87,750 results in an estimated price of approximately £414,047.
31 Mar 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.1 | 146.7 | 371.849 % | £87,750 | £326,297 | £414,047 |
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 | 376.968 % | £330,788 | £418,538 |
3 Month Average | 436.375 % | £382,919 | £470,669 |
6 Month Average | 403.900 % | £354,422 | £442,172 |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 19 Jul 2014.
The average size of a house on NEWMARKET WAY is 105 sq meters (1,138 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Newmarket Way |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Fontwell Park Gardens |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haydock Close |
Jan 2024 | Anti-social behaviour | On or near Epsom Way | |
Jan 2024 | Anti-social behaviour | On or near Epsom Way |