£373,044
This estimated value is based upon the latest sale price for the house of £312,500 on 20 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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21 Station Parade, Hornchurch, RM12 5AB
Phone: 02081157548
Price Paid | Date |
---|---|
£312,500 | 20 Jul 2020 |
£153,995 | 11 Oct 2002 |
£60,000 | 5 Jul 1996 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 19.374%.Applying this 19.374% change to the original purchase price of £312,500 results in an estimated price of approximately £373,044.
20 Jul 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 146.7 | 19.374 % | £312,500 | £60,544 | £373,044 |
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 | 7.789 % | £24,341 | £336,841 |
3 Month Average | 21.427 % | £66,960 | £379,460 |
6 Month Average | 14.719 % | £45,998 | £358,498 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 15 Oct 2019.
The average size of a house on FURNESS WAY is 126 sq meters (1,365 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other crime | Under investigation | On or near Ennerdale Avenue |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Kendal Croft |
Jan 2024 | Other theft | Under investigation | On or near Great Charter Close |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Great Charter Close |
Jan 2024 | Burglary | Under investigation | On or near Coniston Way |