£479,388
This estimated value is based upon the latest sale price for the house of £440,000 on 4 Nov 2021. 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 |
|---|---|
| £440,000 | 4 Nov 2021 |
| £525,000 | 19 Feb 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £440,000 results in an estimated price of approximately £479,388.
| 4 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £440,000 | £39,388 | £479,388 |
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 | -10.534 % | £-46,349 | £393,650 |
| 3 Month Average | -7.185 % | £-31,612 | £408,387 |
| 6 Month Average | -3.880 % | £-17,073 | £422,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £685,533 | £675,000 | 14 MINSTER WAY |
| 11 Sep 2023 | £321,078 | £314,000 | 26 ASHBY CLOSE |
| 16 Sep 2022 | £624,583 | £625,000 | MARDON MAYWIN DRIVE |
| 26 May 2022 | £440,475 | £429,000 | 25 HALCYON WAY |
| 4 Nov 2021 | £479,389 | £440,000 | 55 DURY FALLS CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 13 Jul 2018. Using an estimated price of £479,389 means this house is valued at £5,386 per sq meter (£500 per sq foot).
The average size of a house on DURY FALLS CLOSE is 100 sq meters (1,076 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Halcyon Way |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | 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 | Anti-social behaviour | On or near Lee Gardens Avenue |