£561,898
This estimated value is based upon the latest sale price for the house of £387,500 on 30 Jul 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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63-65 Station Lane, Hornchurch, RM12 6JU
Phone: 01708629566
Price Paid | Date |
---|---|
£387,500 | 30 Jul 2015 |
£295,000 | 20 Jul 2010 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 July 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £387,500 results in an estimated price of approximately £561,898.
30 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £387,500 | £174,398 | £561,898 |
The Postcode Pricing Model uses changes in average sales price within the RM14 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 | 8.881 % | £34,414 | £421,914 |
3 Month Average | 37.138 % | £143,907 | £531,407 |
6 Month Average | 42.668 % | £165,339 | £552,839 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Jul 2024 | £500,000 | £500,000 | 65 NEWBURY GARDENS |
20 Jun 2024 | £440,000 | £440,000 | 38 NEWBURY GARDENS |
4 Aug 2023 | £458,265 | £450,000 | 73 ALDBOROUGH ROAD |
20 Apr 2023 | £448,387 | £440,000 | 43 NEWBURY GARDENS |
10 Mar 2023 | £630,530 | £620,000 | 73 GRANTON AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Jan 2015. Using an estimated price of £561,899 means this house is valued at £6,689 per sq meter (£621 per sq foot).
The average size of a house on NEWBURY GARDENS is 76 sq meters (821 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Newbury Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newbury Gardens |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Granton Avenue |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Belmont Avenue |
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Hacton Lane |