£609,713
This estimated value is based upon the latest sale price for the house of £485,000 on 5 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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209 Station Lane, Hornchurch, RM12 6LL
Phone: 01708573759
Price Paid | Date |
---|---|
£485,000 | 5 Dec 2017 |
£314,995 | 24 Mar 2010 |
£97,250 | 9 Dec 1998 |
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 December 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £485,000 results in an estimated price of approximately £609,713.
5 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £485,000 | £124,713 | £609,713 |
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 | -14.777 % | £-71,670 | £413,329 |
3 Month Average | 15.568 % | £75,505 | £560,505 |
6 Month Average | 19.160 % | £92,924 | £577,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £482,138 | £475,000 | 16 CENTRAL DRIVE |
7 Jul 2023 | £601,090 | £593,000 | 7 CENTRAL DRIVE |
20 Jan 2023 | £497,651 | £499,995 | 128 ALMA AVENUE |
27 May 2022 | £601,331 | £590,000 | 45 STANDEN AVENUE |
13 May 2022 | £545,274 | £535,000 | 9 CENTRAL DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 5 Jun 2017. Using an estimated price of £609,713 means this house is valued at £6,928 per sq meter (£643 per sq foot).
The average size of a house on ALMA AVENUE is 78 sq meters (849 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dawes Avenue |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Goodwood Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Goodwood Avenue |
Jan 2024 | Vehicle crime | Under investigation | On or near Hutchins Close |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cumberland Close |