£409,310
This estimated value is based upon the latest sale price for the house of £250,000 on 13 Sep 2013. 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 |
|---|---|
| £250,000 | 13 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 63.724%.Applying this 63.724% change to the original purchase price of £250,000 results in an estimated price of approximately £409,310.
| 13 Sep 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.0 | 63.724 % | £250,000 | £159,310 | £409,310 |
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 | 147.942 % | £369,855 | £619,855 |
| 3 Month Average | 62.211 % | £155,526 | £405,526 |
| 6 Month Average | 42.108 % | £105,269 | £355,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £405,202 | £400,000 | 75 WINGLETYE LANE |
| 24 Nov 2023 | £693,908 | £685,000 | 16 LEE GARDENS AVENUE |
| 16 Jun 2023 | £415,872 | £412,500 | 25 BENETS ROAD |
| 6 Feb 2023 | £920,646 | £925,000 | 2 ROSEACRE CLOSE |
| 11 Jan 2023 | £619,558 | £625,000 | 68 WINGLETYE LANE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 2 Jul 2013. Using an estimated price of £409,311 means this house is valued at £2,882 per sq meter (£267 per sq foot).
The average size of a house on WINGLETYE LANE is 127 sq meters (1,377 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lee Gardens Avenue | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Woodhall Crescent |
| Mar 2024 | Drugs | Under investigation | On or near Woodhall Crescent |