£614,093
This estimated value is based upon the latest sale price for the house of £405,000 on 19 Sep 2014. 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 |
|---|---|
| £405,000 | 19 Sep 2014 |
| £284,950 | 9 Aug 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £405,000 results in an estimated price of approximately £614,093.
| 19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £405,000 | £209,093 | £614,093 |
The Postcode Pricing Model uses changes in average sales price within the RM12 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 | 53.181 % | £215,383 | £620,383 |
| 3 Month Average | 61.367 % | £248,537 | £653,537 |
| 6 Month Average | 56.762 % | £229,885 | £634,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £603,546 | £585,000 | 35 RAVENSCOURT DRIVE |
| 17 Aug 2023 | £412,439 | £405,000 | 224 ALMA AVENUE |
| 24 Feb 2023 | £392,623 | £390,000 | 92 RAVENSCOURT DRIVE |
| 31 Jan 2023 | £611,634 | £610,000 | 57 RAVENSCOURT DRIVE |
| 22 Apr 2022 | £547,240 | £527,500 | 29 RAVENSCOURT DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Apr 2014. Using an estimated price of £614,094 means this house is valued at £8,298 per sq meter (£770 per sq foot).
The average size of a house on RAVENSCOURT DRIVE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Ravenscourt Drive |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ravenscourt Grove |
| Aug 2024 | Anti-social behaviour | On or near Ravenscourt Grove | |
| Aug 2024 | Anti-social behaviour | On or near Ravenscourt Grove | |
| Aug 2024 | Anti-social behaviour | On or near Ravenscourt Grove |