£228,239
This estimated value is based upon the latest sale price for the house of £145,000 on 14 Mar 2014. 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 |
|---|---|
| £145,000 | 14 Mar 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £145,000 results in an estimated price of approximately £228,239.
| 14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £145,000 | £83,239 | £228,239 |
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 | 19.355 % | £28,065 | £173,065 |
| 3 Month Average | 23.351 % | £33,858 | £178,858 |
| 6 Month Average | 35.066 % | £50,845 | £195,845 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £122,137 | £120,000 | FLAT 23 GOLDSMERE COURT FENTIMAN WAY |
| 10 Nov 2023 | £152,254 | £150,000 | FLAT 24 GOLDSMERE COURT FENTIMAN WAY |
| 29 Sep 2023 | £151,943 | £150,000 | FLAT 33 GOLDSMERE COURT FENTIMAN WAY |
| 8 Sep 2023 | £141,813 | £140,000 | FLAT 66 GOLDSMERE COURT FENTIMAN WAY |
| 5 Sep 2023 | £258,303 | £255,000 | 31 BRENDANS CLOSE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Mar 2014. Using an estimated price of £228,239 means this house is valued at £4,004 per sq meter (£372 per sq foot).
The average size of a house on BRENDANS CLOSE is 61 sq meters (658 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Bowden Drive | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Bowden Drive |
| Dec 2023 | Anti-social behaviour | On or near Bowden Drive | |
| Dec 2023 | Anti-social behaviour | On or near Bowden Drive | |
| Dec 2023 | Anti-social behaviour | On or near Bowden Drive |