£434,632
This estimated value is based upon the latest sale price for the house of £277,500 on 15 Oct 2007. 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 |
|---|---|
| £277,500 | 15 Oct 2007 |
| £230,000 | 30 Jun 2006 |
| Semi-Detached |
| Freehold |
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 October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £277,500 results in an estimated price of approximately £434,632.
| 15 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £277,500 | £157,132 | £434,632 |
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 | 100.225 % | £278,124 | £555,624 |
| 3 Month Average | 81.809 % | £227,018 | £504,518 |
| 6 Month Average | 69.065 % | £191,654 | £469,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £362,000 | £362,000 | 20 LEE GARDENS AVENUE |
| 1 Mar 2024 | £685,533 | £675,000 | 14 MINSTER WAY |
| 24 Nov 2023 | £702,841 | £685,000 | 16 LEE GARDENS AVENUE |
| 11 Sep 2023 | £321,078 | £314,000 | 26 ASHBY CLOSE |
| 15 Jul 2022 | £409,099 | £405,000 | 3 HOLME ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Ashby Close |
| Aug 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lee Gardens Avenue |