£357,566
This estimated value is based upon the latest sale price for the house of £260,000 on 12 Feb 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
| Price Paid | Date |
|---|---|
| £260,000 | 12 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 February 2016 the House Price Index for GREATER LONDON was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £260,000 results in an estimated price of approximately £357,566.
| 12 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £260,000 | £97,566 | £357,566 |
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 | 34.802 % | £90,484 | £350,484 |
| 3 Month Average | 41.979 % | £109,146 | £369,146 |
| 6 Month Average | 38.193 % | £99,301 | £359,301 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2024 | £293,000 | £293,000 | 16 FLORENCE CLOSE |
| 20 Oct 2023 | £332,553 | £325,000 | 1 FLORENCE CLOSE |
| 25 Nov 2022 | £301,092 | £302,500 | 26 FLORENCE CLOSE |
| 6 Apr 2022 | £269,730 | £260,000 | FLAT 23 DRAPER COURT MAVIS GROVE |
| 4 Feb 2022 | £264,114 | £250,000 | FLAT 37 DRAPER COURT MAVIS GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 11 Aug 2015. Using an estimated price of £357,567 means this house is valued at £5,959 per sq meter (£553 per sq foot).
The average size of a house on FLORENCE CLOSE is 66 sq meters (711 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Florence Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Florence Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Mill Park Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Park Avenue |
| Aug 2024 | Drugs | Under investigation | On or near Laurel Lane |