£433,691
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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39 Station Lane, Hornchurch, RM12 6JL
Phone: 01708573535
Price Paid | Date |
---|---|
£425,000 | 30 Jun 2023 |
£420,000 | 14 Dec 2020 |
£285,000 | 20 Dec 2013 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 June 2023 the House Price Index for GREATER LONDON was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £425,000 results in an estimated price of approximately £433,691.
30 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £425,000 | £8,691 | £433,691 |
The Postcode Pricing Model uses changes in average sales price within the RM11 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 | -33.117 % | £-140,745 | £284,254 |
3 Month Average | -1.961 % | £-8,333 | £416,666 |
6 Month Average | 1.072 % | £4,556 | £429,556 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Oct 2024 | £300,000 | £300,000 | 125 WESTLAND AVENUE |
1 May 2024 | £242,500 | £242,500 | 42 CHAPLAINCY GARDENS |
5 Mar 2024 | £152,341 | £150,000 | 1 CHAPLAINCY GARDENS |
19 Dec 2023 | £278,560 | £270,000 | 129 WESTLAND AVENUE |
9 Oct 2023 | £245,578 | £240,000 | 24 CHAPLAINCY GARDENS |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Apr 2019. Using an estimated price of £433,691 means this house is valued at £4,765 per sq meter (£442 per sq foot).
The average size of a house on ALLENBY DRIVE is 111 sq meters (1,202 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Robbery | Under investigation | On or near Allenby Drive |
Oct 2024 | Other crime | Under investigation | On or near Inskip Drive |
Sep 2024 | Other crime | Under investigation | On or near Inskip Drive |
Sep 2024 | Public order | Unable to prosecute suspect | On or near Bellevue Road |
Aug 2024 | Anti-social behaviour | On or near Westland Avenue |